Australia's Roy Hill secures $7.2 bln to finance iron ore project

Fri, 21 Mar - 6:37am

MELBOURNE, March 21 (Reuters) - Australian billionaire Gina Rinehart's Roy Hill said it has secured $7.2 billion in financing for the Roy Hill iron ore mining project in West Australia.

The funding package completes the financing for the $10 billion mine, rail and port project, which is already 30 percent built, it said.

(Reporting by Sonali Paul)

((naomi.tajitsu@thomsonreuters.com; +6448027979; Reuters Messaging: naomi.tajitsu.thomsonreuters.com@reuters.net))

Keywords: AUSTRALIA ROYHILL/DEBT

URN: 
urn:newsml:reuters.com:20140320:nL3N0MH4J2:3
Topics: 
ELG JP KR ELEU AU CMPNY IRN INDS COM UTIL WHO EMRG METL ASIA DBT TRAD LEN RTRS FERR ISER TW

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