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Sunday, March 17, 2024

Marubeni-backed Chile copper mine set for $2.5bn international loan

 

The Japan Bank for International Cooperation will join forces with South Korean and German government-affiliated financial institutions, as well as other lenders, on a $2.5 billion loan to support a Chile copper mine expansion that is expected to help Japanese companies secure a supply of the metal, Nikkei has learned. JBIC will provide up to $950 million for the project at the Centinela mine, which is operated by U.K.-headquartered Antofagasta and Japanese trading house Marubeni.

https://asia.nikkei.com/Business/Markets/Commodities/Marubeni-backed-Chile-copper-mine-set-for-2.5bn-international-loan

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