https://newsletter.mw.creamermedia.com
Africa|Flow|Mining|Flow|Operations
Africa|Flow|Mining|Flow|Operations
africa|flow-company|mining|flow-industry-term|operations

Kropz subsidiary makes second drawdown from loan

An image of Elandsfontein

Elandsfontein

26th January 2026

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

Aim-listed Kropz’s subsidiary Kropz Elandsfontein has made a second drawdown of R50-million from a previously announced loan with the ARC Fund.

On December 8, the emerging African phosphate producer and developer announced that Kropz Elandsfontein and ARC Fund had agreed to a R250-million loan facility.

Therefore, R100-million remains available to draw down on the loan.

As previously reported by Mining Weekly, Kropz’s Elandsfontein operation, in South Africa, is still ramping up its operations and has yet to achieve break-even production levels and, therefore, requires additional working capital.  

The loan extended by ARC Fund will be used by Elandsfontein to fund its cash flow and operational expenditure needs. 

Edited by Reinette Classen
COO: Sales and Marketing

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Axiom Hydraulics
Axiom Hydraulics

Axiom Hydraulics is a trusted leader in South Africa’s hydraulic industry, delivering world-class components, systems, and engineering expertise...

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (23/01/2026)
23rd January 2026 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.156 0.239s - 129pq - 2rq
Subscribe Now