Did you intercept the carrier pigeon, gg? Up 12%
• The Korean official Export Credit Agency Korea Trade Insurance Corporation (“K-SURE”) has issued a conditional Letter of Support for the provision of up to A$200 million in debt funding for TNG’s Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory.
• TNG has now received a total of up to A$800 million in conditional Letters of Support/Interest for the Mount Peake Project from Australian, German and Korean Government backed funding sources.
• The Letter of Support from K-SURE builds on the December 2021 Memorandum of Understanding on Cooperation in Critical Minerals Supply Chains, signed between the Republic of Korea and Australia.
• KPMG Corporate Finance and Germany’s KfW IPEX-Bank GmbH continue to support TNG in achieving these landmark financing milestones