PROJECT FINANCE

Government agency indicates it will support TNG's Mt Peake development

TNG has received a conditional and non-binding "letter of support" from the Australian government's Export Credit Agency for up to A$300 million in debt funding for its Mount Peake vanadium-titanium-iron venture in Northern Territory.

Government agency indicates it will support TNG's Mt Peake development

For the offer to turn into something beyond a piece of paper, TNG needs to make, among other things, "satisfactory progress towards the project's funding plan including the raising of equity and securing...

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