News
11 April 2025

JBIC funds JFE's stake in Blackwater coking coal mine

In:
Metals and Mining
Region:
Asia-Pacific

JBIC has agreed a JPY34.2 billion (over $235 million) loan with JFE Holdings to acquire a stake in the Blackwater Coal Mine in Australia.The funding - co-financed by Mizuho, SMBC, and MUFG to bring the total amount to JPY57 billion - will JFE's subsidiary JFE Steel's deal for the project in...

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