ASM 3.11% 78.0¢ australian strategic materials limited

Ann: ASM receives US$600M ($A923M) Letter of Interest from USEXIM, page-60

  1. 2,485 Posts.
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    Would had done their homework. Plenty of potential here.

    ASM receives US$600M (A$923 million1) Letter of Interest fromUS EXIM for Dubbo Project, as US partnerships begin to play asignificant role

    Highlights• LoI from US EXIM bank for up to US$600M in debt financing package for Dubbo Project•

    US EXIM is the official export credit agency of the US federal government•

    US government support is a catalyst to increase customer and financing focus in North America•

    LoI from US EXIM is in addition to A$200M Letter of Support previously received from EFA•

    Dubbo Project is a construction ready, globally significant and long-life rare earths and criticalminerals projectAustralian Strategic Materials Limited

    While the LoI is non-binding and conditional, the potential funding support available offered by US EXIMprovides a catalyst to increase customer and financing focus in North America.

    The Company will update themarket upon reaching a definitive agreement with US EXIM for funding support.

    IMO
 
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