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Nonferrous Metal Mining Company Seeking Loan in Melbourne, Australia

Government approved titanium ore mining business in Australia seeks funds to start the operations.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Nonferrous Metal Mining
Locations  Melbourne
Local Time 3:18 PM Australia / Darwin
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Loan
USD 30 million for 10.0% annual interest, 5 years (Native Currency: USD 30,000,000)
Reason: For mining preparation, to purchase mining equipment and commissioning. We are also open to an equi... View More
Collateral Available: USD 0
Interested to connect with advisors
Business Overview

- A long-established public limited company developing a mineralized area under an approved permit, transitioning to mining significant quantities of high-quality ilmenite, apatite and zircon in an eluvial style deposit.

- This is a low-cost project as no drilling & blasting is required.

- The project is aiming to serve a clear, growing and under-served market.

- This is a shovel ready project with all approvals in place.

- Company has offtake agreement in place with metal processing companies.

- Projected yearly revenue is around USD 40 million with high EBITDA.

- Planning to mine 220K tons of ilmenite per year.

- The company could offer the machinery and equipment that are purchased in the future as a collateral for the loan.

- Business has taken 10,000 hectares of land on lease from the government for 99 years and developing infrastructure such as dams. Business does not have any physical assets.

Products & Services Overview

Company will mine titanium ore (ilmenite), magnetite, apatite, titanium slag and sell them to metal processing companies.

Facilities Overview

10,000-hectare land leased from the government for 99 years. The land has high-grade JORC of over 100 million tons.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Head Of Special Projects, Dubai, M&A Advisor connected with the Business
  • Earlier than 15 days
    CEO, Ahmedabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, New Delhi, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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