Finders secures $210M for Wetar expansion

FINDERS Resources has secured $US210 million ($A224.3 million) in funding for a plan to increase the production capacity at the Wetar copper project in Indonesia more than ninefold.

The funding, via trading house Daewoo International Corporation and a syndicate of banks, is expected to expand Wetar's copper cathode production capacity of 3000 tonnes per annum to 28,000tpa.

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