PROJECT FINANCE

Ironbark busy seeking Citronen funding

DOWN to its last million means zinc hopeful Ironbark Zinc is likely in the midst of a very big quarter as it works overtime to find the funding for the very long-awaited, plus-US$500 million Citronen development in Greenland.

Citronen in Greenland

Citronen in Greenland

The company has a stated debt target of $300 million for the project, and believes equipment financing has the potential provide another circa-$150 million towards the total financing package. That...

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