Latest Export Credit Agencies News

Tungsten Mining has engaged Cutfield Freeman to lead debt financing efforts for its Watershed Tungsten Project, following a robust Preliminary Economic Evaluation and targeting a Final Investment Decision in September 2026.

Viridis Mining and Minerals completes a Definitive Feasibility Study for its Colossus Rare Earth Project, confirming strong economics and project readiness, while securing $120 million in equity funding to advance into execution.

Caravel Minerals has significantly advanced its Caravel Copper Project with a near-complete Definitive Feasibility Study, marked by a 48% increase in Proven Ore Reserves and strengthened funding arrangements.

Argosy Minerals has made significant strides in its 12ktpa Rincon Lithium Project, delivering encouraging process testwork results and securing critical 40MW energy infrastructure, while engaging strategic partners for funding.

Meteoric Resources has completed a Definitive Feasibility Study for its Caldeira Rare Earth Project in Brazil, revealing a large, high-grade ionic clay deposit with a 20-plus year mine life and strong financial metrics.

Viridis Mining has hit major milestones at its Colossus Rare Earth Project, including submitting a key environmental licence, exceeding recovery targets at its Demonstration Plant, and securing a strategic partnership with Solvay.

VHM Limited has secured a binding rare earths offtake and a A$40 million convertible note from Iluka Resources, underpinning the Goschen Project's path to production by late 2027.

Rio Tinto has opted out of operating Sovereign Metals' Kasiya project, ending its exclusive marketing rights and allowing Sovereign to pursue a US-focused critical minerals approach. Sovereign aims to secure binding offtake deals with US and allied partners, leveraging Kasiya's strategic minerals for Western supply chains.

Caravel Minerals has lifted the confidence in its Caravel Copper Project with a 48% increase in Proved Ore Reserve tonnage, maintaining stable total contained copper while adding new metal grades to the reserve estimate.

Caravel Minerals secures an additional $15 million royalty funding from Regal Resources, doubling the funder's investment to $30 million and extending an existing loan facility to 2028.

PMET Resources has received a non-binding Letter of Interest from Société Générale to act as Mandated Lead Arranger for debt financing of the Phase 1 development of its Shaakichiuwaanaan lithium project in Quebec, advancing its syndicate-building strategy ahead of an updated feasibility study.

Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.