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How Will Blackstone’s New Vietnamese JV Transform the Ta Khoa Nickel Project?

12:51am on Saturday 30th of August, 2025 AEST Mining
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How Will Blackstone’s New Vietnamese JV Transform the Ta Khoa Nickel Project?

12:51am on Saturday 30th of August, 2025 AEST
Key Points
  • Binding four-stage agreement with Xuan Loc Tho for Ta Khoa nickel mine and refinery
  • XLT to earn majority stakes through staged equity transfers and funding commitments
  • Blackstone reduces capital commitments and holding costs in Vietnam
  • New joint venture formed for Ta Khoa Refinery with XLT holding 65%
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