Giyani Metals’ (“Giyani”) announced it has received a non-binding letter of interest (“LOI”) from the Export-Import Bank of the United States (“EXIM”) for up to US$225m in funding, with a repayment period of up to 15 years. The potential financing would be used to support the construction of the Project and is part of the Supply Chain Resiliency Initiative (“SCRI”), a U.S. initiative designed to bolster domestic supply chains. We note EXIM funding requires international projects to have signed l ....
