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Author: EIN Presswire

Evelution Energy Receives $200 Million LOI From U.S. EXIM Bank to Fund Construction of U.S. Cobalt Processing Facility
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Evelution Energy Receives $200 Million LOI From U.S. EXIM Bank to Fund Construction of U.S. Cobalt Processing Facility

Evelution Energy LLC (“EVelution Energy” or the “Company”) is pleased to announce that it has received a non-binding Letter of Interest (“LOI”) from the Export-Import Bank of the United States (“EXIM“) for a loan of up to $200 million, with tenor of 18 years, to fund the construction and operation of its solar-powered cobalt production facility...

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