The Export-Import Bank of the United States (US Exim) has signed seven letters of interest (LOIs) totalling more than US$2.2bn to advance critical minerals projects in Australia, as part of a broader deal signed between the two countries this week. The LOIs were issued to Arafura Rare Earths, Northern Minerals, Graphinex, La Trobe Magnesium, VHM, RZ Resources and Sunrise Energy Metals. The supported projects… The post US Exim signals support for Australian critical minerals p...| Global Trade Review (GTR)
Export credit agencies (ECAs) are increasingly channelling support for energy deals to high-income countries as they shift to renewables, a study has found, further shrinking poorer nations’ access to energy finance. Wealthy nations have driven a sharp rise in export credit support for renewable energy technology in recent years, but a study published today in ...| Global Trade Review (GTR)
The Danish export credit agency has guaranteed US$420mn financing to expand a wind farm close to the frontline in Ukraine, underlining Denmark’s appetite to back projects in the country despite the war with Russia. The Export and Investment Fund of Denmark (EIFO) says it has guaranteed the loan provided by Danske Bank to DTEK, a ...| Global Trade Review (GTR)
The Korean government has vowed to increase export financing to record levels this year in a bid to soften the potential impact of US President Donald Trump’s trade policies, especially on its key semiconductor and battery industries.| Global Trade Review (GTR)