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Aztec inks mining fleet finance

TAKEOVER target Aztec Resources has signed a $65 million finance lease facility with Komatsu Australia Corporate Finance, paving the way for Aztec to secure the mining fleet at its Koolan Island iron ore project off the northern coast of Western Australia.

Paul Garvey
Aztec inks mining fleet finance

The funding, which covers all the Komatsu mining equipment at the project, is immediately available for all equipment except haul trucks and the PC3000 excavators. The financing for those two items is...

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