# Xinhai advances investment and EPC process for Trigon Metals' Kombat project

Shandong Xinhai Mining Technology & Equipment has completed an independent technical study on Trigon Metals' Kombat project in Namibia, advancing a non-binding MOU to invest up to 10% of capital requirements and assist in securing debt financing for restarting production.

- Type: Investment
- Announced: 2020-01-31
- Where: Kombat, northern Namibia, Namibia
- Status: announced
- Products: mining services, mineral processing
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Trigon Metals](https://endata.com/companies/37874.md)
- [Shandong Xinhai Mining Technology and Equipment](https://endata.com/companies/37875.md) (investor)

## Sources

- [juniorminingnetwork.com](https://www.juniorminingnetwork.com/junior-miner-news/press-releases/399-tsx-venture/tm/72639-xinhai-advances-investment-and-epc-process.html), 2020-01-31: "Xinhai has now completed an independent technical study on Kombat covering both mining and the upgrade of Kombat’s mineral processing plant"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.