Brief: Arafura Rare Earths Receives Conditional Approval For Up To $150 Mln From KEXIM

Arafura Rare Earths

01/07/2024 02:50

July 1 (Reuters) - Arafura Rare Earths Ltd  ARU.AX :
    * CONDITIONAL APPROVAL FOR UP TO US$150M FROM KEXIM
    * UP TO US$150 MILLION OF DEBT FINANCING FOR NOLANS PROJECT
    * FINANCING CONDITIONALLY APPROVED BY EXPORT-IMPORT BANK OF
KOREA
    * MORE THAN ONE THIRD OF OFFTAKE FROM NOLANS PROJECT
ALLOCATED TO
KOREAN INDUSTRY

Further company coverage:  ARU.AX 

 ((Reuters.Briefs@thomsonreuters.com;))