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Minbos Secures US$4.8M Drawdown to Propel Cabinda Plant Construction

8:21am on Thursday 11th of June, 2026 AEST Mining
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Minbos Secures US$4.8M Drawdown to Propel Cabinda Plant Construction

8:21am on Thursday 11th of June, 2026 AEST
Key Points
  • First US$4.8M drawdown from US$16M IDC loan received
  • Long lead equipment orders underway for plant expansion
  • Phase-1 construction completed; Phase-2 contract imminent
  • Banco de Fomento Angola US$5.48M facility pending drawdown
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