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NAIF ready to hand over funding to APC

THE Northern Australia Infrastructure Facility is ready to provide A$140 million to Australian Potash for the Lake Wells sulphate of potash project once “evidence of the balance of development funding” is secured for the $208 million project in Western Australia.

Michael Quinn
Sulphate of Potash project set to be on its way to this location - Lake Wells, WA

Sulphate of Potash project set to be on its way to this location - Lake Wells, WA

APC said Export Finance Australia is in the process of progressing their due diligence and credit assessment to potentially provide a tranche of the senior debt facility, while a "club structure" of commercial...

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