middle.news
Black Rock Mining Secures $40M POSCO Investment and $179M Debt for Mahenge Project
7:03pm on Monday 2nd of June, 2025 AEST
•
Mining
Read Story
Black Rock Mining Secures $40M POSCO Investment and $179M Debt for Mahenge Project
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
POSCO's US$40 million equity investment approved by FIRB and Tanzanian FCC
US$179 million debt facilities cleared by Bank of Tanzania with DBSA, IDC, and CRDB
Appointment of Ursula Phillips as Non-Executive Director strengthens board expertise
Construction of Mahenge Project delayed to 2025 with first production expected in 2027
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Black Rock Mining (ASX:BKT)
OPEN ARTICLE