Managing Director and CEO Martin Perez de Solay said the Sal de Vida project is expected to generate significant economy-wide benefits. The facility is expected to reach financial close by the end of this year, subject to finalising commercial terms and other key outstanding items, including final board approval. It said IFC’s environmental and social performance requirements are globally recognised and will complement the ESG standards already adopted at the project. The company agreed on a non-binding term sheet for the facility with the International Finance Corporation (IFC), which will help support development of the project during stage one. Shares are trading 2.03 per cent higher at $14.58 each at 1:18 pm AEDTĪllkem (AKE) has progressed activities to secure a US$200 million (A$311.5 million) project financing facility for its Sal de Vida project in Argentina.The facility is expected to reach financial close by the end of this year.It says IFC’s environmental and social performance requirements will complement the ESG standards already adopted at the project.The company agreed on a non-binding term sheet for the facility with the International Finance Corporation (IFC), which will help support development of the project during stage one.Allkem (AKE) progresses activities to secure a US$200 million project financing facility for its Sal de Vida project in Argentina.TAR Taruga Minerals (ASX:TAR) reports highest-ever TREO grades from Morgans Creek, SA.PNX PNX Metals (ASX:PNX) begins drilling at Glencoe, NT.NEU Neuren Pharmaceuticals (ASX:NEU) receives US$10m milestone payment.DRO DroneShield (ASX:DRO) completes delivery of $1.8m contract.ID8 Identitii (ASX:ID8) to save $3m of annualised costs via One Platform strategy.ZIP Zip Co (ASX:ZIP) increases revenue to $163.2m in Q1 FY23.ICL Iceni Gold (ASX:ICL) intersects gold in magnetic dolerite at Everleigh Well.STM Sunstone Metals (ASX:STM) hits broad zones of gold and copper at Bramaderos ahead of MRE.WDS Woodside Energy (ASX:WDS) delivers record production & revenue in Q3 2022.
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