Hastings Technology Metals Ltd (HAS) reported that it has executed an exclusive mandate with the German bank, KfW IPEX-Bank GmbH to provide project finance loan advisory services in relation to securing approval from Euler Hermes Aktiengesellschaft as mandated by the German Federal Government as administrators of the Untied Loan Guarantee scheme. Upon approval from Euler Hermes and the authorised committees of KfW IPEX-Bank, KfW IPEX-Bank has indicated that it will provide senior debt facilities of up to A$250m for the project. The signing of this mandate with the German KfW IPEX-Bank is yet another important milestone for Hastings Technology Metals in getting the Yangibana rare earths mine financed and built.
http://crweworld.com/australia/tren...s-project-finance-mandate-with-kfw-ipex-bank-
Ann: Hastings Signs Project Finance Mandate with KfW IPEX-Bank, page-2
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