Mining Journal

Highfield progresses Spanish Muga potash project

July 4, 2022

ASX-listed Highfield Resources hopes to have landed a €23.3 million (US$24.32 million) equipment operating lease facility with Macquarie Group for its flagship Muga potash project in Spain, which construction began on last week.

“In addition to the €312.5 million project financing package recently announced, signing this non-binding indicative operating lease financing term sheet with Macquarie is another significant milestone for the company as it moves into the construction phase of the Muga mine,” Highfield’s managing director and CEO Ignacio Salazar said.

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