Investor #39670Version 13250Version 30500
Comment
Established as a joint venture to develop the Tagaung Taung nickel project

Data source #gxkrY7pg

File
Type
Research Paper / Policy Report
Url
Keep PDF not public
No
Publication title
2010 Minerals Yearbook U.S. Department of the Interior U.S. Geological Survey BURMA
Date
2012-08-01
Organisation
US Geological Survey (USGS)

Data source #KyOiPP00

File
Type
Other
Url
Keep PDF not public
No
Publication title
CDB contributes to syndicated loan for Tagaung Taung Nickel Mine Project (Linked to Record ID#103195)
Organisation
AidData

Involvement #JnGziUKS

Comment
According to the terms of the agreement, TISCO would provide the financing for CNMC Nickel to develop the project, which the company renamed CNMC TISCO Nickel Co. Also according to the agreement, 40% of the shares would be held by TISCO and 60% would be held by CNMC Nickel.
Investment type
Shares/Equity
Parent relation
Joint venture of parent companies

Involvement #b_5lQf9V

Comment
According to the terms of the agreement, TISCO would provide the financing for CNMC Nickel to develop the project, which the company renamed CNMC TISCO Nickel Co. Also according to the agreement, 40% of the shares would be held by TISCO and 60% would be held by CNMC Nickel.
Investment type
Shares/Equity
Parent relation
Joint venture of parent companies

Involvement #stM2Jax9

Role
Tertiary investor/lender
Comment
The project reportedly secured the commitment of financial support from China Development Bank and China Eximbank.
Investment type
Debt financing
Investor

Involvement #w2QK8boD

Role
Tertiary investor/lender
Comment
The project reportedly secured the commitment of financial support from China Development Bank and China Eximbank.
Investment type
Debt financing
Investor