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Minbos Advances Cabinda Plant with New CEO and Funding Drawdowns
9:31am on Friday 31st of July, 2026 AEST
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Mining
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Minbos Advances Cabinda Plant with New CEO and Funding Drawdowns
9:31am on Friday 31st of July, 2026 AEST
Key Points
New CEO Rob Newbold appointed to lead project execution
US$16 million IDC loan facility drawn down with US$5.4 million BFA loan progressing
Phase-1 construction completed; US$13.8 million Phase-2 contract signed
A$4 million placement raised post-quarter for mining mobilisation
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