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.
June 14, 2024
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