Debt
Senior project finance
Bank-case structure of 65–70% senior debt against the project’s CapEx, secured on the licence, plant and offtake receivables, with DSCR/LLCR covenants.
Debt
Private & mezzanine debt
Private-case structure of 40% private debt with a 6-year tenor, alongside equity — suited to credit funds and family offices.
Equity
Equity in SMB Mining AG
A negotiated stake in SMB Mining AG, the Swiss holding company that will own 100% of the ring-fenced kaolin project and Licence No. 2948.
Strategic
Offtake-linked & strategic
Prepayment or streaming against future kaolin supply, or an industrial partnership / JV for buyers who want secure long-term feedstock.
Detailed financial projections, the offtake book and the data room are available to qualified investors and lenders after registration and, where required, a non-disclosure agreement.
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