Orion Signs US$250M Prepayment Facility with Glencore
Filed with ASX · · 3 pages · English
Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) is pleased to announce that its subsidiary, Prieska Copper Zinc Mine (Pty) Ltd (PCZM), has executed a binding prepayment agreement with a wholly owned subsidiary of Glencore plc (Glencore) for a US$250 million prepayment facility linked to the sale of bulk, copper and zinc concentrates from the Prieska Copper Zinc Project in South Africa
Story so far
Earlier from Orion Minerals
- Orion Selected for BHP Xplors 2026 Accelerator Program
- Quarterly Cashflow Report
- Quarterly Activities Report
- Response to ASX Price Query
- Update on Financing and Offtake with Glencore
Later from Orion Minerals
- Orion Settles Final Acquisition Consideration for Okiep
- Conversion of IDC Loan Facility
- Drilling Extends Significant Copper Mineralisation at Okiep
- Exceptional High-Grade Copper Intercept - Okiep Project
- Orion Raises $15.4M to Advance Key Copper Projects
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