August 29, 2019 |
Canada's Sigma Lithium Resources is looking to secure a $70m loan to finance the development of a lithium mine and production plant in Brazil, Chief Strategy Officer Ana Cabral told LatinFinance.
"We're looking at a five-year instrument.... We've been able to gather significant demand," Cabral said, adding that Sigma plans to sign a loan by the end of the year or the beginning of next year.
"It's a relatively small for project finance. Some banks have offered to do it by themselves, while some
Canadian mining and processing company looks to secure $70m in project financing by the end of the year