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US Strategic Metals (USSM), a private company formerly known as Missouri Cobalt, has received a non-binding Letter of Interest from the Export-Import Bank of the United States (EXIM Bank) for a potential $400 million debt funding package for Madison, their flagship cobalt mining project. The loan, which could extend up to 15 years, may qualify for special consideration under EXIM Bank’s China and Transformational Export Program, a congressional initiative aimed at bolstering American companies’ competition with Chinese entities in critical sectors, including energy storage and renewable energy…

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