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21 Mar
21:06

US offers $600m funding to Australian rare earths project

Australian Strategic Materials (ASM) said Thursday it received a letter of interest from the Export-Import Bank for the United States (US EXIM) to provide up to $600 million to its Dubbo rare earths project in Australia. The emerging vertical critical materials company believes the non-binding, condition agreement is a “material step” in its project funding strategy. It also described the support as a “catalyst” to increase customer and fi…
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