Red Rock Resources pays second tranche of loan to Steelmin

July 3, 2017

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Red Rock Resources has closed the €956 687 second tranche of a transaction under which it will fund alloy producer Steelmin to complete the refurbishment and recommissioning of a ferrosilicon smelter in Jajce, Bosnia, and acquire a 30% interest in Steelmin. The first €2.73-million tranche of the loan was paid to Steelmin last week.

Category: General