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Coburn gets NAIF funds

STRANDLINE Resources has secured a $150 million loan facility from the Northern Australia Infrastructure Facility for the Coburn minerals sands project in Western Australia’s Gascoyne region.

Karma Barndon
Strandline secures $150 million loan from the Northern Australia Infrastructure Facility

Strandline secures $150 million loan from the Northern Australia Infrastructure Facility

The loan will be paid in two tranches, based on a 15.5-year term. A first instalment of $130 million will go towards construction of Coburn's core mine infrastructure while the second payment of $20...

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