Taseko Mines Limited said today it has obtained an underwritten commitment for US$25 million from Banc of America Leasing & Capital, LLC, which will fund work on Taseko's Solvent Extraction and Electrowinning plant for the Florence Copper commercial production facility.
Taseko’s wholly-owned Florence Copper, an in-situ copper recovery project, is located midway between Phoenix and Tucson near the community of Florence, Arizona. “Following the recently announced strategic partnership with Mitsui & Co. Inc. for our Florence Copper project, this additional source of funds will further strengthen our balance sheet and provide financing flexibility as we prepare for construction of the project in 2023.
Source: News Formal (newsformal.com)
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