by: xpoolPosted on:

EXIM Bank Weighs Massive Rare Earth Loan to Critical Metals: Impact on Supply Chains and U.S. Strategy

The EXIM Bank is considering a $120 million loan for Critical Metals Corp, a company focused on processing rare earth materials in Greenland. This move signals a potential boost to U.S. strategic autonomy in critical minerals as global supply chains face challenges. Critical Metals seeks to process these materials domestically using the potential loan, and investor optimism has been reflected in a surge of CMET stock. This initiative aligns with broader market trends where other projects, like American Battery Technology securing a $900 million loan for its lithium mine, have also garnered significant interest.

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