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Miner Altura clinches $305m finance package

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Altura Mining said on Friday it has secured a new financing package totalling $305 million which it expects to bolster its operations in a weak lithium market.

As part of the package, its current lenders have extended an existing loan facility of $161 million for an additional three years to August 2023, it said in a statement.

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Reuters

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    Original URL: https://www.afr.com/companies/mining/miner-altura-clinches-202m-finance-package-20200306-p547r2