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Giyani Metals receives loan interest from US EXIM for Botswana manganese project
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Giyani Metals receives loan interest from US EXIM for Botswana manganese project
Jun 16, 2025 7:47 AM

June 16 (Reuters) - Giyani Metals ( CATPF ) said on Monday

it had received a letter of interest from the Export-Import Bank

of the United States (EXIM) for a loan of up to $225 million to

help build its manganese project in Botswana.

If approved, the loan will support the construction of

Giyani's K.Hill project, which will produce battery-grade

manganese used in electric vehicles, the company said.

The funding is part of the U.S. effort to reduce its

reliance on critical minerals from China.

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