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