News
03 August 2022

Almonty receives first drawdown of KfW-IPEX financing

In:
Metals and Mining
Region:
Asia-Pacific

Almonty Industries has received the first drawdown of $12,818,081 on its KfW-IPEX Bank $75.1 million project financing facility.Lewis Black, president and CEO of Almonty, said: "The company has achieved its target of securing and deploying a tier 1 loan for its tier 1 tungsten project. Work...

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