Chilean Cobalt Corp. receives $317.4M LOI from EXIM Bank for potential debt funding to support La Cobaltera cobalt-copper project.

Chilean Cobalt Corp. receives $317.4M LOI from EXIM Bank for potential debt funding to support La Cobaltera cobalt-copper project in northern Chile. Funding is part of EXIM Bank's CTEP, which aims to assist US companies competing against China in renewable energy, storage, & efficiency sectors. If successful, this could establish an Americas-focused cobalt supply chain.