Horn stated the project is expected to begin demonstration...

Horn stated the project is expected to begin demonstration production within 18 months, with full-scale commercial operations to follow soon after.

“Reflecting on the recent EXIM Bank LOI, Horn noted: “The letter of intent is very seminal. I think it will be a very productive and interesting summer. I expect that there will be more money from the U.S. government over the next two months in addition to this. At the same time, I expect additional funding in the course of the next month from other actors. We are also waiting for further announcements from the U.S. government in relation to supporting the project.“