Glencore Joins US Export-Import Bank's $12 Billion Critical Minerals Stockpile Initiative
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Glencore was selected along with other large commercial houses to supply Project Vault, an American initiative that combines up to $10 billion from EXIM with private capital to create a strategic reserve of critical minerals.
Giant Mining received a $500 million commitment from Exim Bank to help form a strategic reserve and reduce supply risk in the U.S. industry; project adds $10 billion in total
Glencore joins US critical minerals reserve in $500m EXIM deal
THE US government has selected Glencore to help it build a strategic reserve of critical minerals in a development that deepens the Swiss miner’s relationship with Washington. The US Export-Import Bank (EXIM) has committed $500m to the partnership, under which Glencore will source, buy and deliver critical minerals for VaultCo, a public-private initiative aimed at […]
Glencore joins US Export-Import Bank’s $12 billion critical minerals stockpile initiative
The initiative could reduce US reliance on China for critical minerals, potentially reshaping global supply chains and geopolitical alliances. The post Glencore joins US Export-Import Bank’s $12 billion critical minerals stockpile initiative appeared first on Crypto Briefing .
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