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.