Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
The shareholders of the Karara iron-ore project, in Western Australia, have secured a $1.5-billion refinancing facility for the project. ASX-listed Gindalbie Metals, which holds a 47.84% share in the project, reported on Monday that the refinancing facility has been used to repay all outstanding amounts of syndicated facilities, which were due by 2020.
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