Importantly, it will deliver Pilbara Minerals with an extended grace period before quarterly
principal repayments commence in September 2022, providing the Company with
greater flexibility to manage its cash flows during the current soft market conditions,
which have been exacerbated by the COVID-19 pandemic.
“Both BNP Paribas and the CEFC have been key contributors and partners in the
development journey of the Pilgangoora Project. It is great to see the Australian
Government backing Australian lithium projects, as well as a major international bank
such as BNP Paribas, with both parties recognising the important role projects such
as Pilgangoora play in the development of clean energy supply chains across the
globe.
I like these two quotes aswell good to see aussi government starting to back lithium
Gltah cheers
Ann: Pilbara Secures New US$110M Finance Facility, page-12
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