Global Atomic presents Dasa project funding plan with USD 112.7 million balance to fund
Bitget2026/10/23 21:15- Global Atomic received DFC board approval for a debt facility of up to USD 414.2 million for its Dasa uranium project in Niger.
- The facility comprises a USD 397.4 million Term Loan Facility and a USD 16.8 million Cost Overrun Facility.
- Remaining project costs total USD 550.1 million, with an indicative funding balance of USD 112.7 million.
- Closing and drawdown require confirmation of uranium export routes, alignment of the mining permit term and completion of equity funding requirements.
- Processing plant construction is expected to take about 20 months once financing becomes available, with initial yellowcake shipments within three months thereafter.
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