Roy Hill passes 40% completion

WESTERN Australia’s largest iron ore development, Roy Hill, is more than 40% complete as the first funding from the historic $US7.2 billion ($A7.6 billion) funding package was drawn down.

Roy Hill passes 40% completion Roy Hill passes 40% completion Roy Hill passes 40% completion Roy Hill passes 40% completion Roy Hill passes 40% completion

The financing, the largest ever for a land-based mining project, was secured in Singapore in March and Roy Hill Holdings has satisfied all lenders’ requirements to access the funds.

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