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Why Is Mineral Commodities Still Waiting on Skaland Sale Payment?

10:51am on Tuesday 10th of June, 2025 AEST Mining
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Why Is Mineral Commodities Still Waiting on Skaland Sale Payment?

10:51am on Tuesday 10th of June, 2025 AEST
Key Points
  • Sale of Skaland Graphite Project delayed beyond June 9 deadline
  • Partial payments received, but final payment remains outstanding
  • Interest on overdue amount increased from 12.5% to 20% per annum
  • Parent company Norge Mining Limited provides guarantee for payment
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