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18 Jun

Chilean Cobalt negotiates $317m funding with US government bank

Miner Chilean Cobalt Corp. is in discussion with the Export-Import (EXIM) Bank of the United States for a potential debt funding package of up to $317 million. The funding comes as part of EXIM Bank’s China and Transformational Export Program –an initiative designed to support US companies facing competition from China in sectors such as renewable energy and storage. The 15-year loan would fund the development of the US company’s mining concessi…
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