Pela Global secures DFC funding for Antimony Mine
Analysis based on 7 articles · First reported Mar 09, 2026 · Last updated Mar 09, 2026
The funding for Pela Global Limited's antimony project in North Macedonia is positive for the critical minerals market, potentially increasing supply. It also signals growing interest in supporting strategic mineral projects to allied markets, which could encourage further investment in the mining sector.
Pela Global Limited, an Australian critical and precious metals company, has secured a Project Development Funding Agreement with the United States===U.S. International Development Finance Corporation (DFC) for up to US$5 million. This funding will support the advancement of Pela Global Limited's flagship Krstov Dol Antimony Mine Restart Project in North Macedonia. The project aims to produce high-grade antimony concentrate and is strategically positioned to support Western critical minerals supply objectives. The funding will facilitate key development activities, including a Mineral Resource Estimate and an Environmental and Social Impact Assessment. Pela Global Limited is also considering an initial public offering on an Australian securities exchange.
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