25
Jul
12:23
Allkem receives IFC loan for Argentina lithium plant
Lithium miner Allkem will receive a loan of up to $180 million from the International Finance Corporation (IFC) to develop its Sal de Vida lithium operation in Catamarca, Argentina, Kallanish learns.
The IFC, a development institution and a member of the World Bank Group, will give up to $100m from its own account, and up to $30m “in mobilisation,” it says in a statement. Allkem, meanwhile, is in discussions with another lender for an additional …
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