ASX:NTUMetals and Mining
Northern Minerals (ASX:NTU) Is Up 23.5% After Securing Global Backing for Rare Earths Funding – Has The Bull Case Changed?
Earlier this week, Northern Minerals received non-binding and conditional letters of support from the U.S. Export-Import Bank and Export Finance Australia for potential debt funding of up to US$230 million to advance the Browns Range heavy rare earths project in Western Australia.
This international government backing reflects the project's positioning within a broader US-Australia push to develop independent global supply chains for critical minerals such as dysprosium and terbium.
We'll...