News
25 February 2020

Almonty gets ECA cover for Sangdong mine financing

In:
Metals and Mining
Region:
Americas, Asia-Pacific

Preliminary ECA cover for Toronto-based tungsten group Almonty Industries' Sangdong mining project in South Korea has been issued by OeKB. The Austrian ECA is underpinning a binding commitment from KfW IPEX for a $76 million loan for the scheme. Loan documentation is now being drafted and...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
20 March 2026

Unlocking alternative funding in Nigerian infrastructure

Nigeria is starting to build robust channels for attracting institutional debt capital – both foreign and domestic - into infrastructure assets. But this expanded toolkit...

Perspective
27 March 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...