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Kore delays term sheet for potash project to mid-April

Summary by Miningmx
KORE Potash said it hoped to have a term sheet that will help finance its $2bn Kola project in the Republic of Congo by mid-April following delays. The previous end-March deadline for the financing package was not met owing to Ramadan season and Eid celebrations, the UK-listed firm said on Tuesday. Summit Consortium consisting of China’s SEPCO, the Oman Investment Authority and SQM, a Chilean chemicals firm, is behind Kola. “While having made ve…
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Kore delays term sheet for potash project to mid-April

KORE Potash said it hoped to have a term sheet that will help finance its $2bn Kola project in the Republic of Congo by mid-April following delays. The previous end-March deadline for the financing package was not met owing to Ramadan season and Eid celebrations, the UK-listed firm said on Tuesday. Summit Consortium consisting of China’s SEPCO, the Oman Investment Authority and SQM, a Chilean chemicals firm, is behind Kola. “While having made ve…

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Miningmx broke the news in on Wednesday, April 2, 2025.
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