News
25 July 2025

Torngat Metals secures Strange Lake project financing

In:
Metals and Mining
Region:
Americas

Torngat Metals has penned a C$110 million (about $73 million) bridge loan facility agreement with Export Development Canada, and a loan commitment of up to C$55 million from the Canada Infrastructure Bank to support the next phase of its Strange Lake project in Nunavik, northern Quebec.The C$165...

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
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...

Perspective
31 March 2026

Has SkyNRG removed doubts about SAF’s future?

The financing for SkyNRG’s DSL-01 SAF plant represents a bold bet on the fuel by its offtaker KLM. Until the industry can silence doubts about costs and policy support,...