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Break it Down: VTM shouts victory with EXIM funding

Victory Metals has received a US$190 million letter of interest from the Export-Import Bank of the United States.

Stockhead’s Break it Down brings you today’s leading market news in under 90 seconds.

West Australian heavy rare earths developer Victory Metals (ASX:VTM) has received a major letter of interest from the Export-Import Bank of the United States to support the growth of its North Stanmore project.

The letter of intent, worth nearly $300 million, comes with a 15-year repayment term.

Watch the video to learn more.

While Victory Metals is a Stockhead advertiser, it did not sponsor this content.

Originally published as Break it Down: VTM shouts victory with EXIM funding

Original URL: https://www.thechronicle.com.au/business/stockhead/break-it-down-vtm-shouts-victory-with-exim-funding/news-story/5c42a140b8797dc4ff38751162d2f063