Exim Bank

HawkEye 360 Welcomes Jamal Ware as New Vice President of Government Affairs & Public Policy

Retrieved on: 
Tuesday, March 19, 2024
Government, Congress, Hawk-Eye, Intelligence, Consultant, Lead, Public policy, Policy, HawkEye 360, RF, House, Executive (government), Exim Bank, United States Intelligence Community, National security advisor, Senate

HERNDON, Va., March 19, 2024 /PRNewswire/ -- HawkEye 360 Inc., the global leader in radio frequency (RF) data analytics, is thrilled to announce Jamal Ware's appointment as the new Vice President of Government Affairs and Public Policy.

Key Points: 
  • HERNDON, Va., March 19, 2024 /PRNewswire/ -- HawkEye 360 Inc., the global leader in radio frequency (RF) data analytics, is thrilled to announce Jamal Ware's appointment as the new Vice President of Government Affairs and Public Policy.
  • "We are excited to welcome Jamal Ware to the HawkEye 360 team," said John Serafini, CEO of HawkEye 360.
  • Ware comes to HawkEye 360 with a distinguished background in government affairs.
  • I'm proud to join the HawkEye 360 team and help tell the story of the difference it's making to Congress and across the government."

First Phosphate Provides Update on Plans for a Purified Phosphoric Acid Plant at Port Saguenay, Quebec

Retrieved on: 
Tuesday, February 20, 2024
FCC, OTC, Phosphate, Federation, Commerce, PPA, LFP, Exim Bank, Ecosystem, Port, Saguenay, Phosphorus

Saguenay, Quebec--(Newsfile Corp. - February 20, 2024) - First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to update the market on its plans for a purified phosphoric acid ("PPA") plant at the Port of Saguenay and the development of the North American lithium iron phosphate ("LFP") battery valley in the Saguenay-Lac-Saint-Jean Region of Quebec.

Key Points: 
  • Saguenay, Quebec--(Newsfile Corp. - February 20, 2024) - First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to update the market on its plans for a purified phosphoric acid ("PPA") plant at the Port of Saguenay and the development of the North American lithium iron phosphate ("LFP") battery valley in the Saguenay-Lac-Saint-Jean Region of Quebec.
  • Mr. Passalacqua provided a further update to the FCC-SLSJ on February 8, 2024.
  • Building a PPA plant and an LFP battery ecosystem for North America is a major undertaking.
  • The Company negotiated agreements with various LFP production technology providers for downstream offtake for its PPA production and to service various LFP market segments:

Washington D.C. to Showcase African Energy Opportunities to U.S Investors at the 9th Powering Africa Summit (PAS24) this March

Retrieved on: 
Wednesday, February 21, 2024
Partnership, Mayflower Hotel, Government, Marathon Digital, IMF, Energy transition, Exim Bank, Private sector, Ecosystem, Policy, Electricity, ABSA, EXIM, International Monetary Fund, Cairns Group, ACWA Power, Investment, Renewable energy

LONDON, Feb. 21, 2024 /PRNewswire/ -- Government stakeholders, institutional investors, private financiers, service, and technology providers from across the U.S. will meet in Washington D.C. this March to explore new opportunities on the continent. They will unite with ministers and government participants from over 15 African countries, under the summit's theme: Capital Flows Underpinning the Energy Transition.

Key Points: 
  • They will unite with ministers and government participants from over 15 African countries, under the summit's theme: Capital Flows Underpinning the Energy Transition.
  • Ministers and government officials from across Africa will be seeking investment for their energy projects.
  • U.S.-based investors, meanwhile, will be exposed to new opportunities across Africa, ensuring the continent receives the right level and model of finance needed for those projects.
  • Summit sponsor and PAS24 co-host, Power Africa will help to drive much of the collaborative discussion.

Saudi Export-Import Bank Signs Memorandum of Understanding with Export–Import Bank of the United States

Retrieved on: 
Tuesday, January 16, 2024
Professional Services, White House, Federal Government, Public Policy, Government, Mining, Minerals, Natural Resources, Finance, Banking, Renewable energy, Exim Bank, Multimedia, Knowledge, Capacity building, Gross domestic product, Tourism, Memorandum of understanding, Growth, Drug

Saudi EXIM Bank has signed a Memorandum of Understanding (MoU) with U.S. EXIM, focusing on fostering comprehensive collaboration, strengthening economic ties, and advancing trade relations between the two nations.

Key Points: 
  • Saudi EXIM Bank has signed a Memorandum of Understanding (MoU) with U.S. EXIM, focusing on fostering comprehensive collaboration, strengthening economic ties, and advancing trade relations between the two nations.
  • Through this agreement, Saudi EXIM and U.S. EXIM seek to facilitate trade financing, support exports, and promote investment opportunities in key sectors.
  • Al-Khalb highlighted the solid foundations of cooperation and shared interests in the bilateral relations between the Kingdom of Saudi Arabia and the United States of America.
  • The bank is dedicated to encouraging trade and investment opportunities for Saudi exporters across diverse sectors.

Agreements worth SAR27 billion riyals signed on first day of FMF24

Retrieved on: 
Wednesday, January 10, 2024
Geology, Forum, Exim Bank, Mineral, Mining, Transport, Metal, Royal commission, Excellency, Ministry of Investment, Conference, FMF, Organization, Investment, Private sector, Government, SABIC, Mineral Resources Limited, Ministry, Energy, SMP, Arms industry

RIYADH, Saudi Arabia, Jan. 10, 2024 /PRNewswire/ -- The first day of the third edition of Future Minerals Forum (FMF) saw the signing of 20 agreements and memorandums of understanding worth a total of SAR27 billion riyals between government agencies, companies and other organizations participating in the Forum.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 10, 2024 /PRNewswire/ -- The first day of the third edition of Future Minerals Forum (FMF) saw the signing of 20 agreements and memorandums of understanding worth a total of SAR27 billion riyals between government agencies, companies and other organizations participating in the Forum.
  • These included agreements connected with mining exploration, technology and communications, as well as the application of sustainability standards, localization, qualification and industrialization in the minerals sector.
  • Sulaiman Al-Mazrou, CEO of the National Industrial Development and Logistics Services Program.
  • Over the course of two days, the Forum will address some of the most pressing issues for the minerals sector.

Agreements worth SAR27 billion riyals signed on first day of FMF24

Retrieved on: 
Wednesday, January 10, 2024
Geology, Forum, Exim Bank, Mineral, Mining, Transport, Metal, Royal commission, Excellency, Ministry of Investment, Conference, FMF, Organization, Investment, Private sector, Government, SABIC, Mineral Resources Limited, Ministry, Energy, SMP, Arms industry

RIYADH, Saudi Arabia , Jan. 10, 2024 /PRNewswire/ -- The first day of the third edition of Future Minerals Forum (FMF) saw the signing of 20 agreements and memorandums of understanding worth a total of SAR27 billion riyals between government agencies, companies and other organizations participating in the Forum.

Key Points: 
  • RIYADH, Saudi Arabia , Jan. 10, 2024 /PRNewswire/ -- The first day of the third edition of Future Minerals Forum (FMF) saw the signing of 20 agreements and memorandums of understanding worth a total of SAR27 billion riyals between government agencies, companies and other organizations participating in the Forum.
  • These included agreements connected with mining exploration, technology and communications, as well as the application of sustainability standards, localization, qualification and industrialization in the minerals sector.
  • Sulaiman Al-Mazrou, CEO of the National Industrial Development and Logistics Services Program.
  • Over the course of two days, the Forum will address some of the most pressing issues for the minerals sector.

Eneti Inc. Announces Closing of a $436.0 Million Credit Facility and Sale of Two NG2500X Vessels

Retrieved on: 
Thursday, November 30, 2023
Kraken, Korea Development Bank, Commercial, KEXIM, Sale, Exim Bank, Wind, Hydra, Investment banking, Line of credit, KfW, Hana Bank

The maturity date of the Credit Facility in relation to each vessel is 12 years from the delivery date of each vessel.

Key Points: 
  • The maturity date of the Credit Facility in relation to each vessel is 12 years from the delivery date of each vessel.
  • The Credit Facility bears interest at a blended margin of SOFR plus 2.36% per annum (exclusive of premiums payable to K-SURE and Eksfin).
  • The remaining terms and conditions, including financial covenants, are similar to those of the Company’s existing credit facility.
  • These deliveries, along with the delivery of the Seajacks Kraken in October 2023, complete the sale of all of the Company’s NG2500X vessels.

IperionX Receives US$12.7M U.S. Department of Defense Grant for Domestic Titanium Production

Retrieved on: 
Wednesday, November 1, 2023
Machine Tools, Metalworking & Metallurgy, Defense, Mining, Minerals, Manufacturing, Natural Resources, Other Manufacturing, Contracts, ASX, Export–Import Bank Reauthorization Act of 2012, U.S. Department of Defense Strategy for Operating in Cyberspace, US, Assistant, Titanium, United States Department of Defense, DPA, Multimedia, Hydrogen, Exim Bank, Defense Production Act of 1950, Corrosion, Kroll process, IPX, Arms industry, Recycling

The United States has limited domestic primary titanium metal (titanium sponge) capacity and currently imports over 95% of the titanium sponge required for the U.S. defense sector.

Key Points: 
  • The United States has limited domestic primary titanium metal (titanium sponge) capacity and currently imports over 95% of the titanium sponge required for the U.S. defense sector.
  • IperionX intends to re-shore a full titanium supply chain to the U.S. to reduce the acute reliance on titanium imports from foreign nations and strengthen the titanium supply chain for critical defense and advanced industries.
  • IperionX will apply the US$12.7 million U.S. DoD grant funding towards building a 125 metric tons per annum titanium production facility in Halifax County, Virginia, with first production expected in 2024.
  • IperionX has the potential to deliver a full U.S. titanium supply chain from titanium mineral production to the manufacturing of high performance titanium products, and the unique ability to use 100% recycled scrap titanium.

Saudi EXIM Bank and Trafigura Sign Credit Facility Agreement

Retrieved on: 
Monday, October 23, 2023
Banking, Professional Services, Finance, Gold, Bank, Copper, Vision 2030, Multimedia, Exim Bank, USD, CFO, Christopher Salmon, Arms industry, Trafigura, Kingdom

The Saudi Export-Import (Saudi EXIM) Bank has signed an agreement with Trafigura, a market leader in the global commodities industry, to extend a three-year credit facility of USD 500 million.

Key Points: 
  • The Saudi Export-Import (Saudi EXIM) Bank has signed an agreement with Trafigura, a market leader in the global commodities industry, to extend a three-year credit facility of USD 500 million.
  • View the full release here: https://www.businesswire.com/news/home/20231023095795/en/
    Dr. Naif Al-Shammari, Deputy CEO of Saudi EXIM Bank and Christophe Salmon, CFO of Trafigura during the signing ceremony (Photo: AETOSWire)
    In the presence of Mr. Jeremy Weir, Executive Chairman and CEO of Trafigura, the agreement was signed by Dr. Naif Al-Shammari, Deputy CEO of Saudi EXIM, and Christophe Salmon, CFO of Trafigura.
  • This agreement shall facilitate the purchase of domestically produced commodities from the Kingdom of Saudi Arabia and enable Trafigura to connect Saudi producers to more than 156 markets worldwide.
  • Commenting on the agreement, Dr. Al-Shammari said: “Such credit facilities come as part of our ongoing efforts to expand the global reach of Saudi exports.

IperionX Receives US$11.5 Million LOI From EXIM Bank for U.S. Titanium Production

Retrieved on: 
Thursday, October 19, 2023
Other Manufacturing, Other Defense, Automotive Manufacturing, Aerospace, Manufacturing, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Defense, Natural Resources, ASX, Government, EXIM, Titanium, Exim Bank, Hydrogen, Export–Import Bank of the United States, Corrosion, LOI, Letter, IPX, Financial services, Iron ore

IperionX intends to apply equipment finance from EXIM Bank towards key production assets including industrial furnaces and comminution equipment, expected to cost approximately $11.5 million.

Key Points: 
  • IperionX intends to apply equipment finance from EXIM Bank towards key production assets including industrial furnaces and comminution equipment, expected to cost approximately $11.5 million.
  • IperionX plans to build a 125 metric ton per annum titanium production facility in Virginia, with first production expected in 2024.
  • IperionX has the potential to deliver a full U.S. titanium supply chain from titanium mineral production to the manufacturing high performance titanium products, and the unique ability to use 100% recycled scrap titanium.
  • While the LOI is non-binding and conditional, the potential funding support from EXIM Bank provides IperionX with a strong foundation as it advances a range of competitive funding options for its proposed Titanium Production Facility.