Row rect Shape Decorative svg added to bottom Backing the metals that will power the future Absa | Corporate and Investment Banking > Insights and Events > Backing the metals that will power the future SHARE Absa is proud to help lead one of South Africa’s landmark mining projects. As joint mandated lead arranger, bookrunner and underwriter with Ivanplats on a USD700 million project finance facility, we’re powering the Platreef Mine's growth – unlocking critical minerals for a sustainable future. Our involvement highlights our expertise and commitment to sustainable, impactful growth. Our funding supports modern, mechanised mining, positioning Platreef as a cost-efficient producer of platinum-group metals and boosting South Africa’s role in the global industry. The deal drives inclusive economic growth in South Africa through job creation, skills development, B-BBEE partnerships, and promotes sustainability by funding responsible resource development. We are invested in your story and we invite you to write it with us. https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Harnessing Partnerships to Power Energy at Scale Absa Corporate and Investment Banking acted as Joint Mandated Lead Arranger, Senior Lender and Hedge Provider on the ZAR 8.4 billion financing of SOLA Group’s 300 MW Naos solar PV project, incorporating 660 MWh of battery storage. Read more DEALS Backing retail property assets with flexible financing built for growth We are proud to have concluded a landmark real estate financing transaction for Soma Properties Limited contributing toward the expansion of Sarit – Kenya’s most iconic retail and lifestyle mall, and the premium destination mall in East and Central Africa. Read more DEALS Forging refined growth in copper By enabling Jubilee Metals Group’s transition to a copper-focused business through M&A advisory, the deal redefines the company’s growth strategy that accelerates future expansion in Africa. Read more
