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Minbos Secures US$16M Loan to Advance Cabinda Fertilizer Plant
9:54am on Monday 2nd of March, 2026 AEDT
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Mining
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Minbos Secures US$16M Loan to Advance Cabinda Fertilizer Plant
9:54am on Monday 2nd of March, 2026 AEDT
Key Points
US$16 million debt facility signed with Industrial Development Corporation of South Africa
Funds earmarked for Phase-2 construction of Cabinda Phosphate Fertilizer Plant
Loan subject to shareholder approvals and security agreements
Stakeholder meetings confirm support and establish task force for additional funding
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