Last week, the MSP announced that there are currently 32 MSP...

Last week, the MSP announced that there are currently 32 MSP projects, of which 6 are graphite and 6 are located in the Asia-Pacific region. (Link)

The complete list of projects is not disclosed, however based on those figures, I believe that Siviour has recently been added and is likely to be included in those 32 MSP projects.

Why is this significant?

On the 23rd of September, the MSP Finance Network was established, which includes MSP partner institutions such as EFA, EXIM, JBIC and KEXIM. (Link)

“Jose Fernandez, a top US State Department official, told Bloomberg … development finance and export credit agencies … will work with private industry to fund the additional 32 projects amid a downturn in prices for key metals.

Finance and credit institutions from the group … will streamline the process for approving projects ….” (Link)

The joint statement said, “Creation of the MSP Finance Network … will drive sustainable investment in global critical mineral supply chains, including by mobilizing private sector capital …”