Dual listed Resource Generation (Resgen) on Thursday reported that the term sheet for the funding of the rail link to connect is Boikarabelo coal mine, in South Africa, to the Transnet main line, has become bindin.
Resgen in May this year inked a term sheet with Pan African Infrastructure Development Fund 2 SA and Pan African Infrastructure Development Fund 2 for a R750-million funding package for the 44-km rail line.