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ERG restructures debt

Debt deal gives diversified miner ability to expand

Mining Journal
One of ERG's aluminium smelters, Kazakhstan

One of ERG's aluminium smelters, Kazakhstan

The agreement pushes repayments for its US$3 billion facility out to 2022, changes the debt payment schedule and optimises its financial covenants, ERG said. According to chairman Alexander Machkevitch,...

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