China’s Eximbank to lend $396mn to reactivate Mutún project

With an investment of $466 million, the government has resumed operations at the Empresa Siderúrgica del Mutún (ESM), according to the Minister of Mining and Metallurgy, Ramiro Villavicencio. Of this figure, 85% corresponds to a financing from China’s Eximbank and 15% to a contribution from the National Treasury (TGN).

Source: Brújula Digital