PROJECT FINANCE

Talga joins long list of miners flagging money from government agencies

TALGA Group says the European Investment Bank has approved US$164 million (€150 million) in senior debt funding for the Vittangi anode project in Sweden, “subject to final negotiation”.

Vittangi, Sweden

Vittangi, Sweden

Based on feasibility work in 2021, Vittangi will cost about $484 million to bring into production, with Talga targeting up to 60%, or circa $300 million, in debt for the development. Talga said a financing...

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