Only a matter of time before PEK gets the same offer IMO.
I have said for a long time this is how it will play out, now we just wait. Hopefully not too long.
Aug 11 (Reuters) - Australia's Lake Resources said on Wednesday that the UK's export credit agency had expressed strong interest in covering 70% of the funding needed for the lithium developer's flagship Kachi project in Argentina.UK Export Finance also indicated it could increase funding to boost lithium output at the project, the company said, adding that the agency's interest will encourage a UK-led sourcing strategy.
Amid rising demand for the metal used in electric vehicle batteries, developers of critical minerals such as rare earths and lithium have tapped export agencies for early project financing as big banks are still wary of lending to the sector.
https://mobile.reuters.com/article/amp/idUSL4N2PI1RE
DYOR.....always.
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