Forbes secures R230M loan to fund expansion

News by BMI Editorial

Forbes & Manhattan Coal Corp., through its subsidiary Slater Coal Proprietary Ltd, has secured a R230M loan facility from international investment and private banking group Investec Ltd to further its expansion plans in southern Africa.

Do you want to read the full article?

Register to continue reading

By registering you will have:

  • Access to all Premium content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

SUBSCRIBE or, if you are already a member LOGIN

 

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.
Business Business/Commerce Miscellaneous Finance/Financial Results Materials & Commodities Africa Coal Coal exports Forbes & Manhattan Coal Corp Investec

Related articles

New outlet for Tete coal

 News

The Balaka-Lilongwe railway now enables coal imports from Mozambique’s Tete Province, where Indian companies have bought mines to supply coal to India.

Coal shipments to India rose 10% y/y

 News

Between January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.

RZD to double rail capacity of Lavna port

 News

Russia plans to double the Lavna port’s rail capacity from 18 to 36-41 million tonnes annually, aiming to diversify trade routes and boost coal exports.