JBIC loans for acquisition of Jimblebar iron ore mine

Region:

Asia-Pacific

Mayur Pande

Analyst

The Japan Bank for International Cooperation (JBIC) has today signed two loan agreements to help Japanese companies purchase interests in the Jimblebar Iron Ore Mine in Western Australia. The JBIC overall loan amounts to the equivalent of $793 million. The first loan is approximately $436 million from JBIC to Mitsui & Co Iron

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