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
Facebook
Twitter

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.

Related Articles

DEALS

Clean Power. Multiplied.

Accelerating solar infrastructure with R2.1 billion for a resilient, diversified energy market. Absa Corporate and Investment Banking has jointly arranged and financed Anthem’s 475 MW Notsi Solar PV Project, a landmark solar development led by Anthem - a leading independent power producer in South Africa. The total cost for the Notsi Solar PV Project was circa R8.7 billion

DEALS

Strengthening sustainable mining success

Absa Corporate and Investment Banking has supported Tharisa Minerals (Pty) Ltd in advancing its next phase of growth through a multi-currency Platinum Group Metals (PGM) offtake-based Prepayment Facility.

DEALS

At the forefront of scaling energy progress

Absa Corporate and Investment Banking acted as Joint Mandated Lead Arranger, Senior Lender and Hedge Provider on the R3.4 billion financing of Mulilo Energy Holdings’ 219MW Orkney solar PV project.