Vale Indonesia secures $750m SLL to help reduce carbon emissions
The loan for the nickel miner has an additional $250m greenshoe option and will help with power electrification and the development of nickel smelters, as the demand for critical minerals grows.
Amid growing global demand for critical minerals to support the energy transition, Jakarta-based nickel miner Vale Indonesia (PT Vale) has secured a $750 million sustainability-linked loan (SLL) facility, with an additional $250 million greenshoe option.
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