Was surfing other posts and noted in the Top Rated Posts this one for QPM (QUEENSLAND PACIFIC METALS LIMITED MC 227mil)
Ann: German Supplier Collaboration and ECA Funding
cut from the broader announcement:
Germany’s Export Credit Agency (“ECA”) Euler Hermes has provided a Letter of Interest toprovide a tied loan guarantee that would be for an amount of approximately A$500m, linkedto the value of equipment to be provided by the German Suppliers.
Possibility that ARU may be lining up a (binding) deal with Euler Hermes for Germany companies to supply both equipment for the Nolans plant and technical expertise with a future quid pro quo with German REE needs.
just musing, but potential is there for a repeat (Euler Hermes looking after both german suppliers and REE downstream). Double win for Germany and also a win for our company.
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