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VHM Limited ( (AU:VHM) ) has issued an update.
VHM Limited has received a Letter of Interest from the Export-Import Bank of the United States for up to US$200 million in project financing for its Goschen Project. This support underscores the project’s strategic importance to U.S. supply chain resilience and positions VHM as a significant player in the critical minerals market. The financing aligns with U.S. initiatives to enhance supply chain security and competitiveness, potentially qualifying under EXIM’s programs aimed at countering export support from other countries. VHM’s engagement with Export Finance Australia and EXIM through the Single Point of Entry framework further facilitates the project’s advancement, enhancing its role in addressing critical minerals supply chain challenges.
The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.05 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
More about VHM Limited
VHM Limited operates in the rare earths and mineral sands industry, focusing on the development of projects that contribute to global supply chains. The company is involved in the Goschen Rare Earths and Mineral Sands Project in Victoria, Australia, which is positioned as a key supplier in the global market.
Average Trading Volume: 263,628
Technical Sentiment Signal: Hold
Current Market Cap: A$62.72M
Learn more about VHM stock on TipRanks’ Stock Analysis page.