Australian government makes massive loan to Strandline for mineral sands project

By William Clarke
Published: Tuesday, 23 June 2020

Strandline Resources has moved significantly closer to breaking earth on its Coburn project in Western Australia, with receipt of an Australian $150-million ($103.3-million) investment from the country's government.

The loan was made by the Northern Australia Infrastructure Facility, which distributes federal funds for development in Western Australia, Queensland and the Northern Territories.

The Coburn project has an ore reserve of...

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