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Minbos Resources Breaks Ground on Cabinda Project with US$36M Backing
3:21pm on Friday 31st of January, 2025 AEDT
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Mining
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Minbos Resources Breaks Ground on Cabinda Project with US$36M Backing
3:21pm on Friday 31st of January, 2025 AEDT
Key Points
Construction started on Cabinda Phosphate Fertilizer Project
US$10 million equity investment from Angolan Sovereign Wealth Fund received
US$14 million loan facility secured from South Africa’s IDC
US$12 million term loan term sheet signed with Banco BAI
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