13
May
10:06
Saudi pig iron plant receives project finance
Australia's Magnum Mining and Exploration and its Saudi Arabian subsidiary, Middle East for Metallic Industrial (Midmetal), have entered into a project financing agreement (PFA) with US Nasdaq-listed V Capital Consulting Limited (VCCL) and 2x1.Digital Private Limited.
This will raise capital for the pig iron project at the King Fahad Industrial Port in Yanbu, Kallanish notes. VCCL and 2x1.Digital will seek to raise $210 million and will receive fully paid ordi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous