Global Steel Dust Announces the completion of the partnership & financing agreement with Macquarie Bank Limited


Global Steel Dust Ltd. (GSD) and Macquarie Bank Limited (Macquarie) signed the final agreement to cover a corporate financing line and commodity hedging facilities for GSD’s plant construction throughout the world.

In addition, the companies also finalized an agreement selling Macquarie a 10 percent equity interest in GSD.

Russ Robinson CEO of GSD explains, “these resources give GSD the capability to successfully enter and execute in markets throughout the world by giving us greater expertise and financial wherewithal.  We are extremely pleased with this relationship because Macquarie is a world-class financial institution and they understand the global commodities business.  GSD is in the business of building steel dust recycling plants on a global basis and Macquarie’s international expertise will assist us in our efforts .“

Russ Robinson (left) of GSD and Gavin Bradley (right) of Macquarie Bank sign the final agreement to secure 10 percent equity participation in GSD.

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