https://newsletter.en.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

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (30/01/2026)
30th January 2026 By: Martin Creamer

Latest News

Showroom

AQS Liquid Transfer
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 
Virtual Gas Network (Pty) Ltd
Virtual Gas Network (Pty) Ltd

Virtual Gas Network supplies compressed natural gas via a virtual gas distribution network.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine cover image
Magazine round up | 30 January 2026
30th January 2026

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







301

sq:0.155 0.262s - 189pq - 2rq
Subscribe Now