Article

Lundin Mining has received commitments to increase its credit facility from $2.25 billion to $4.5 billion. The facility will expand to $3.5 billion upon meeting certain conditions, and to the full amount after sanctioning Stage 1 of the Vicuña Project.

The maturity date is extended to 2031, with unchanged pricing based on a sliding scale. The increased facility supports Lundin's goal to become a top-ten global copper producer.