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 Enabling mining development to support South Africa’s economic growth Absa CIB acts as joint mandated lead arranger, hedge provider, account bank and facility agent for West Wits Mining’s Qala Shallows Gold Project Read more DEALS Backing bold growth in Ghana Across Ghana’s manufacturing and consumer goods landscape, the need to scale efficiently, strengthen local production and remain competitive continues to grow. Read more DEALS Powering South Africa’s energy transition through scalable infrastructure solutions Absa Corporate and Investment Banking partnered with Mulilo Energy Holdings on the financing of the 77MW / 308MWh Hartebeesfontein Battery Energy Storage System (BESS) project, acting as Joint Mandated Lead Arranger, Senior Lender, Hedge Provider and Agent Bank. Read more
