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Minbos Secures US$21.48M Funding and Advances Cabinda Phosphate Construction
1:05pm on Thursday 30th of April, 2026 AEST
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Mining
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Minbos Secures US$21.48M Funding and Advances Cabinda Phosphate Construction
1:05pm on Thursday 30th of April, 2026 AEST
Key Points
US$16 million debt facility secured from South Africa’s IDC
US$5.48 million loan facility from Banco de Fomento Angola ready to sign
Oversubscribed Share Purchase Plan raises $1.336 million
Phase-1 construction nearing completion with civil works and roads
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