Row rect Shape Decorative svg added to bottom Empowering sustainable growth, one phase at a time. Absa | Corporate and Investment Banking > Insights and Events > Empowering sustainable growth, one phase at a time. SHARE Absa is proud to support the continued advancement of South Africa’s mining sector. We successfully supported the syndication of a USD700 million facility for the Ivanplats Phase 2 expansion – one of the country’s largest new mining projects in more than a decade. As mandated lead arranger, bookrunner, and underwriter, our role in this transaction reflects Absa’s deep sector expertise and strong track record in structuring funding solutions for complex projects. This facility supports the next phase of development at Platreef Mine, a project aligned with the growing global importance of critical minerals and South Africa’s long-term mining potential. Based on project expectations, the development is anticipated to contribute to economic activity through employment opportunities, skills development, B-BBEE participation, and responsible resource development. We are invested in your story and invite you to write it with us. For more information contact: Dean Hack(opens in new tab) Khuselwa Klaas(opens in new tab) https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Absa supports V&A Waterfront’s sustainable growth ambitions Absa Corporate and Investment Banking has supported the V&A Waterfront’s next phase of development through a R2.25 billion syndicated financing facility. Read more DEALS Absa supports Safaricom Ethiopia’s next phase of growth and digital transformation A tailored financing solution enabling network expansion, digital infrastructure investment and greater financial inclusion across Ethiopia. Read more DEALS Strengthening market access through funding diversification Lewis Group has returned to the public bond market after 13 years, raising R1.1 billion through a senior unsecured bond auction. Read more
