trending Market Intelligence /marketintelligence/en/news-insights/trending/8wsbz7olec-mlrbi1ppaza2 content esgSubNav
In This List

Altura secures additional US$15M for Western Australian lithium mine

Video

According to Market Intelligence, December 2022

Blog

Global Clean Action Energy Forum

Video

Insight Monthly, October 2022

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Altura secures additional US$15M for Western Australian lithium mine

Altura Mining Ltd. said Sept. 11 that it arranged an amendment deed for additional funds of US$15 million for its namesake Altura lithium mine in Western Australia.

The terms of the amendment deed are on par with the existing US$110 million senior secured loan note facility executed in July 2017.

The additional funds will ensure efficient ramp-up toward nameplate capacity at the property and advancement of ongoing work on the second stage expansion to 440,000 tonnes per annum in the first half of 2020.