News
12 January 2026

Mazoon copper project reaches $400m financial close

In:
Metals and Mining
Region:
Middle East & Africa

Minerals Development Oman has closed a OMR154 million ($400 million) dual-currency, multi-tranche syndicated loan for the Mazoon Copper Project, Oman’s largest copper mining project.Oman's Ahlibank structured and coordinated the financing, which also involved ahli islamic, a group of local...

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