Highland Copper gets US EXIM interest for potential $250 million financing
Highland Copper said on Tuesday it received a non-binding letter from the U.S. Export-Import Bank (EXIM) for potential $250 million financing to develop its Copperwood project in Michigan. The indication of interest, issued under EXIM's "Make More in America" initiative, could cover a substantial portion of Copperwood's estimated $400 million capital cost, the company said. Copperwood is among the few U.S. copper projects with all major permits in place and a completed feasibility study, it added.
Highland Copper said on Tuesday it received a non-binding letter from the U.S. Export-Import Bank (EXIM) for potential $250 million financing to develop its Copperwood project in Michigan. The indication of interest, issued under EXIM's "Make More in America" initiative, could cover a substantial portion of Copperwood's estimated $400 million capital cost, the company said. Copperwood is among the few U.S. copper projects with all major permits in place and a completed feasibility study, it added.