Currently viewing Global edition

Citronen funding target looms large for Ironbark

Down to its last million means zinc hopeful Ironbark Zinc is likely in the midst of a very big quarter as it works overtime to find the funding for the very long-awaited, plus-US$500 million Citronen development in Greenland.

Citronen funding target looms large for Ironbark Citronen funding target looms large for Ironbark Citronen funding target looms large for Ironbark Citronen funding target looms large for Ironbark Citronen funding target looms large for Ironbark

Citronen in Greenland

The company has a stated debt target of $300 million for the project, and believes equipment financing has the potential to provide another circa-$150 million towards the total financing package.

topics

loader