MANAGEMENT

Magnis to team with Posco

Magnis Resources has signed a memorandum of understanding with South Korea’s Posco E&C, outlining the basis for co-operation on the procurement of funding and construction of the Nachu graphite project in Tanzania.

Nadav Shemer
Magnis to team with Posco

Among the terms of the deal, Posco is mandated for arranging senior loans through its associations with financial institutions. Magnis is responsible for arranging subordinate debt and equity and the overall...

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