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Industrial Businesses Seeking Loan in Melbourne

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  • Melbourne

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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.
- 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.
7.2   Melbourne
Run Rate Sales
Business Loan
USD 30 Mn at 10%
Contact Business


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