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Highfield receives $329.6m financing for Spanish potash project

May 5, 2022

Highfield Resources has signed a mandate letter for a $329.6m (€312.5m) senior secured financing package to fund the construction and development of the Muga potash project in Spain.

Including a $316.4m (€300m) senior secured project financing facility and a $13.1n (€12.5m) standby cost overrun facility, the letter has been signed with a group of European mining finance lenders.

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