SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

Global Business News

The Economic Times

Global Business / The Economic Times

details

Trump administration to back three mineral projects with $58 million in financing

The US Export-Import Bank is lending fifty-eight million dollars to three critical mineral companies. This funding aims to reduce reliance on Chinese supplies and boost domestic mining operations. Westwater Resources will receive twenty-five million dollars for its graphite mine and processing facility. Global Advanced Metals gets twenty-five million dollars for tantalum and niobium processing expansion. An eight million dollar loan goes to 5E Advanced Materials for boron production.

8 Aug 2026 6:31 am