28 November 2024
28 November 2024
The move is a strategic step in Saudi Arabia’s Vision 2030 plan.
The financing is intended to cover the full capital expenditure (capex) for the project.
The zero-emissions equipment is expected to eliminate millions of litres of fossil fuels from Fortescue's iron ore operations.
This sale signals a move towards the planned demerger of Anglo American's majority interest in Amplats.
The agreement allows Cosa to acquire a 70% interest in Denison's Murphy Lake North, Darby and Packrat properties.
The company cancelled its plans due to a lack of partners, as well as funding challenges.
The loan is provided by a group of banks and private credit lenders.
Fatigue monitoring and management remains nascent in mining, but technology and industry understanding are progressing.
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