NAIF moves TECH project to due diligence phase.
Over the 10-year life of mine Boab expects to generate about $2 billion in sales.
BCI's loan will be the largest NAIF allocation to a WA-based company to date.
Pacifico managing director Simon Noon says the company is delighted with the news.
First production at Coburn is expected within 18 months of the start of project construction.
Key gateway to some of the resources projects in northern Queensland.
Minister lauds northern Australian investment program.
NAIF funds for Kalium Lakes to use at Beyondie
Gabanintha, Coburn and Butcherbird NAIF applications now in due diligence.
Senate inquiry finds the NAIF has failed to open up the north as promised.
A NAIF loan could be on the cards for Centrex Metals's Ardmore project in Queensland.
Venturex applies for NAIF aid