How a government has gone ‘all in’ on a remote island mine with shares and loans

A struggling tungsten mine couldn’t pay back a $10 million loan as it sat on the brink of administration. So a state government became a shareholder — and issued a new loan.

​A struggling tungsten mine couldn’t pay back a $10 million loan as it sat on the brink of administration. So a state government became a shareholder — and issued a new loan. Mining and Metals Industry, State and Territory Government Top Stories

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