Brazil-focused Horizonte Minerals has signed loan documentation with a syndicate of international financial institutions for a senior secured project finance facility of up to $346.2 million, to fund the construction and development of its Araguaia ferro-nickel project.

The Senior Lenders are BNP Paribas Securities Corp; ING Capital; Natixis, New York Branch; Société Générale; and Swedish Export Credit Corporation. The ECAs are Denmark's EKF and Finland's Finnvera.

Audrey-->I would leave it aside. Still a project of extraction of minerals and the usual Equator Principles review was applied so that does not make it particularly sustainable .