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Highfield Resources Advances $426M Strategic Deal Amid Lender Reshuffle and Cost Cuts

4:22am on Monday 2nd of June, 2025 AEST Mining
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Highfield Resources Advances $426M Strategic Deal Amid Lender Reshuffle and Cost Cuts

4:22am on Monday 2nd of June, 2025 AEST
Key Points
  • Yankuang Energy and Beijing Energy receive FIRB no objection statements
  • Investment Canada Act approval secured for Canadian acquisition
  • Senior Secured Project Finance Facility amended with major lenders exiting
  • Implementation agreement sunset extended to June 30, 2025
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