US Bank Invests $100B in Critical Minerals, Energy
Update: 2025-11-25
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US Export-Import Bank to Invest $100B in Critical Minerals, Nuclear Energy, and LNG: Reducing Reliance on China and RussiaThe US Export-Import Bank, led by new chair John Jovanovic, plans to allocate $100 billion to strengthen American and allied supply chains, focusing on critical minerals, nuclear energy, and liquefied natural gas. This initiative aims to decrease dependence on countries like China and Russia.Initial projects include a $4 billion credit insurance guarantee for Egyptian LNG and a $1.25 billion loan for a Pakistani mine. The bank has $100 billion available, with a focus on expanding American energy globally. This shift marks a significant change from previous support for renewable energy, now heavily financing critical minerals projects.
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