Blackstone Appoints Leading Korean Bank As Debt Advisor For Ta Khoa Project
Blackstone Minerals (âBlackstoneâ or the âCompanyâ) is pleased to announce the appointment of leading independent advisors to arrange debt financing for the development of the Ta Khoa Nickel-Copper – PGE project and the downstream refinery project. (Ta Khoa project) vertically integrated). The Korea Development Bank (KDB) and BurnView Corporate Finance (BurnView) will act jointly …
Blackstone Minerals (âBlackstoneâ or the âCompanyâ) is pleased to announce the appointment of leading independent advisors to arrange debt financing for the development of the Ta Khoa Nickel-Copper – PGE project and the downstream refinery project. (Ta Khoa project) vertically integrated).
The Development Bank of Korea (KDB) and BurnView Corporate Finance (BurnView) will act jointly and in collaboration with Blackstone to secure attractive and flexible financing for the development of the Ta Khoa project.
Blackstone Mineralslackstone Minerals Managing Director Scott Williamson said: âKDB and BurnView bring their respective strengths along the lithium-ion battery value chain, including strong relationships with potential refinery customers downstream of Ta Khoa. KDB and BurnView both have extensive experience in organizing development finance for quality projects, and their involvement in the Ta Khoa project is an endorsement of Blackstone’s strategy and execution capacity.
âKDB and BurnView will work closely with Blackstone to organize financing on competitive terms to support our integrated development strategy. KDB and BurnView will work in conjunction with Blackstone to ensure that ongoing feasibility work is performed to the highest standards and withstands the rigors of independent due diligence. It is important to note that funding will be obtained by aligning with the standards set out in the Equator Principles and Blackstone’s own sustainability goals. ”
About the Korean Development Bank
Established in 1954, Korea Development Bank is a 100% state-owned investment bank that provides strong financial support to clients developing infrastructure projects. Over the past decade, KDB has developed a global footprint in project finance and has successfully led and closed international energy and infrastructure project finance. KDB maintains strong relationships and collaborates with the world’s leading project finance institutions, including multilateral agencies, ECAs and peers, having provided project finance services to international developers such as Hyundai, Samsung, SK, Posco and Hanwha.
About BurnSee Corporate Finance
BurnView Corporate Finance is a leading independent Australian investment and advisory firm with extensive experience and experience in arranging finance in the energy, resources and infrastructure sectors. Details on BurnView can be found at burnvoir.com.au.
BurnView has arranged financing for a number of battery metals projects over the past few years, including for Pilbara Minerals Limited (Pilgangoora project, lithium) and AU $ 1.1 billion in credit facilities for the recent acquisition by IGO of a stake in the Greenbushes lithium mine and Kwinana lithium hydroxide. Refinery.