by: xpoolPosted on:

US EXIM Bank Weighs $120 Million Loan for Rare Earths Project

The US Export-Import Bank (EXIM) is exploring a potential loan of up to $120 million to support Critical Metals Corp’s rare earths project in Greenland. This move aligns with the bank’s strategic focus on bolstering domestic processing of critical minerals and enhancing US resource independence. The funding could significantly impact the domestic rare earth supply chain, potentially boosting companies like MP Materials, IperionX, and others.

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