RCF to fund MZI turnaround

WESTERN Australian mineral sands producer MZI Resources has secured a new US$71 million funding package it says will restructure its debt and support the 5.25 million tonne turnaround strategy that was announced last September.

RCF to fund MZI turnaround RCF to fund MZI turnaround RCF to fund MZI turnaround RCF to fund MZI turnaround RCF to fund MZI turnaround

Keysbrook.

The company, which has faced operational issues since the 2015 start-up of the Keysbrook project south of Perth, said this morning that major shareholder Resource Capital Fund would increase MZI's