Antofagasta Plc, the copper company controlled by Chile’s billionaire Luksic family, predicts global supply and demand will remain in balance longer than previously thought on project delays and an increase in orders.
Australia’s four largest banks are expected to bid to join the A$7 billion ($6.5 billion) financing of Gina Rinehart’s Roy Hill mine development by today’s deadline, four people familiar with the matter said.
Japan Petroleum Exploration Co. may seek some project financing for its $10 billion liquefied natural gas project in Canada from Japan Bank for International Cooperation, according to an official from the producer.
Sempra Energy, Mitsui & Co., Mitsubishi Corp., Nippon Yusen K.K. and GDF Suez are seeking as much as $5 billion in loans from commercial banks for their Cameron LNG project, people familiar with the matter said.
Mitsubishi Corp., Japan’s biggest trading house and importer of liquefied natural gas, is leading the start up of the first energy-focused private equity fund to be backed by institutions from the country.
Venezuelan lawmakers approved the conditions of $417 million of loans from Banco Bilbao Vizcaya Argentaria SA and Japan Bank for International Cooperation to finance transportation projects and a steel plant, the state news agency AVN said today on its website.
Mongolia plans to sell as much as $1 billion worth of Samurai bonds this year and offer foreign investors a new way into its largest coal project as Prime Minister Norovyn Altankhuyag seeks to revive growth.
SoftBank Corp. plans to sign a loan agreement for as much as 1.98 trillion yen ($20 billion) with 19 banks tomorrow to help refinance debt from its purchase of Sprint Corp., according to a Tokyo Stock Exchange statement.