PROJECT FINANCE

Altura debt talks close to close

AFTER one month in voluntary suspension, Altura Mining says it can finally see the light at the end of its funding tunnel, with discussions to extend its loan facility expected to deliver a result by the end of the month, staving off the collapse of yet another Australian lithium miner.

 Altura appears to have solved its funding issues.

Altura appears to have solved its funding issues.

In a statement this morning that was light on specifics, Altura said talks to support a significant restructuring of its US$143 million debt load were in the final stages.   The company is also putting...

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