Donald Project to receive financial support from Export Finance Australia

Astron Limited Secures Key Financing Milestone with EFA Support for Donald Project

Astron Limited (ASX: ATR) and Energy Fuels Inc. (NYSE MKT: UUUU; TSX: EFR) have received a conditional Letter of Support from Export Finance Australia (EFA) for up to A$80M in senior debt financing for the development of the Donald Rare Earth and Mineral Sands Project in Victoria. This non-binding commitment marks a significant step forward in the project’s A$520 million funding strategy, which targets a 50:50 debt-to-equity structure. The joint…

Donald Project to receive financial support from Export Finance Australia

The Donald Project, a joint venture (JV) between Energy Fuels and Astron, has been granted a conditional and non-binding letter of support from Export Finance Australia (EFA) for senior debt project financing of up to A$80m ($52m).The post Donald Project to receive financial support from Export Finance Australia   appeared first on Mining Technology.