Kidman finally inks US$110M Mt Holland terms sheet

KIDMAN Resources and partner SQM have finally struck capital expenditure and working capital terms to support development of the Mount Holland lithium project in Western Australia’s Forrestania region, cementing the terms of the long gestating deal – just three days after completing a key study on a proposed refinery. 

Kidman finally inks US$110M Mt Holland terms sheet Kidman finally inks US$110M Mt Holland terms sheet Kidman finally inks US$110M Mt Holland terms sheet Kidman finally inks US$110M Mt Holland terms sheet Kidman finally inks US$110M Mt Holland terms sheet

The SQM deal was announced in mid-2017.

The funding term sheet with the Chilean lithium giant is in line with the previously announced framework for a US$100 million a capital expenditure debt facility to partially fund Kidman's share of Mt

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