Mineral Commodities Ltd (AU:MRC) has released an update.
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Mineral Commodities Ltd has announced a change in the interest rate on its shareholder loans, increasing it from 15% to 20%, aligning with the rate payable to Au Mining Limited. This strategic adjustment is part of the company’s broader efforts to strengthen its financial position as it focuses on expanding its high-grade flake graphite operations in Norway and developing new projects in Australia.
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