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Minbos Greenlights A$800K Orders to Propel Angola Fertilizer Plant

8:36am on Friday 20th of June, 2025 AEST Materials
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Minbos Greenlights A$800K Orders to Propel Angola Fertilizer Plant

8:36am on Friday 20th of June, 2025 AEST
Key Points
  • Board approves long lead item orders exceeding A$800,000 for Stage 2
  • Stage 1 construction funded by Angolan Sovereign Wealth Fund progressing
  • Debt financing advancing with Industrial Development Corporation and Bank Bai
  • Project aligns with Angola’s National Development Plan focusing on food security
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