Glencore offers debt to Pacific Nickel in Solomon Islands

GLENCORE is potentially backing Pacific Nickel after signing a non-binding agreement to provide a US$22 million secured facility for Pacific’s Kolosori nickel laterite project in the Solomon Islands.

Glencore offers debt to Pacific Nickel in Solomon Islands Glencore offers debt to Pacific Nickel in Solomon Islands Glencore offers debt to Pacific Nickel in Solomon Islands Glencore offers debt to Pacific Nickel in Solomon Islands Glencore offers debt to Pacific Nickel in Solomon Islands

The multinational miner and trader will get Kolosori's laterite nickel DSO offtake as part of the deal.

The $22 million remains subject to due diligence.

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