Mining Weekly reported that Baja Mining’s Boleo project has recieved an additional $115 million from Korea Resources Corporation (Kores) to support ongoing construction.
As quoted in the market report:
The advance was made through Baja’s 49%-owned subsidiary Minera y Metalúrgica del Boleo (MMB) and was paired with an extension to the third standstill agreement, which expired on January 15.
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