Kalium Lakes funded

KALIUM Lakes has received a credit-approved offer of finance from German’s KfW IPEX-Bank for a A$102 million senior debt fund to support the development of its $216 million Beyondie sulphate of potash, and is now a single approval away from making a final investment decision.

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The money is flowing for Kalium Lakes.

The company just needs the sign off from German export credit agency Euler Hermes, and it will have the final equity needed to launch development for Beyondie, which it hopes will become Australia's

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