新闻
Geo Energy: Signs MOU For Investment In MBJ Integrated Infrastructure & Signs Term Sheets For Long-Term Infrastructure Usage Agreements For Up To 25 Million Tonnes Per Annum.
17 Mar 2025 07:40Geo Energy has entered into a non-binding Memorandum of Understanding with Resource Invest AG, a leading commodities investment company and a key shareholder of Geo Energy regarding an investment of US$50-US$100 million, subject to further negotiations, in MBJ as well as other potential co-investments with Geo Energy. The MOU further states that at full capacity, MBJ's valuation should exceed US$1.5 billion. The investment agreement is targeted to be concluded by the end of 2025. MBJ is set to unlock significant value from Geo's TRA mine, while also offering a strategic route to market for third-party commodity producers in the region...
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Source: ShareInvestor Express
