Iron Road in talks with Chinese groups for CEIP funding

April 12, 2017

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A number of major Chinese financial institutions have expressed interest to provide the $3-billion debt financing required to develop the Central Eyre iron project (CEIP), owner Iron Road has reported.

The company has received formal expressions of interest from the China Development Bank, the Industrial and Commercial Bank of China, and the China Construction Bank to provide debt financing for the development of the South Australian project.

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