Horizonte Minerals secures export credit agency approval for Araguaia Ferronickel Project
2021-09-15 13:49:54 [Print]
UK-based Horizonte Minerals PLC has said that it has received approval from two export credit agencies for $146.2 million of financing for its Araguaia ferronickel project in Brazil.
The nickel company said the debt facility is to part fund construction and development of Araguaia. The approving agencies are Denmark's export credit agency EKF and Finland's Finnvera.
Horizonte said it is now nearing completion of credit approvals by senior lenders for the balance of project financing.
The nickel company said the debt facility is to part fund construction and development of Araguaia. The approving agencies are Denmark's export credit agency EKF and Finland's Finnvera.
Horizonte said it is now nearing completion of credit approvals by senior lenders for the balance of project financing.
Ferro-nickel 1.5%min EXW China
Unit:RMB/mt
China ferronickel producers' suspension number statistics by province by month
Unit: pcs
