Moly seeks $US150M for Spinifex Ridge

MOLY Mines’ Spinifex Ridge molybdenum project in Western Australia’s Pilbara has received a boost after the company announced a North American institution would carry out due diligence on financing US$150 million ($A169.6 million) for Moly’s flagship project.

Moly seeks $US150M for Spinifex Ridge Moly seeks $US150M for Spinifex Ridge Moly seeks $US150M for Spinifex Ridge Moly seeks $US150M for Spinifex Ridge Moly seeks $US150M for Spinifex Ridge

The Perth-based company said in a statement that the unnamed institution would offer the $150 million in interim finance if due diligence was successful, and financial close is expected by mid