Mexico City. The Export-Import Bank of the United States (EXIM) announced a series of strategic transactions to “demonstrate new U.S. leadership in energy, minerals and manufacturing.”
Participating in the Indo-Pacific Ministerial and Business Forum on Energy Security (IPEM) in Tokyo, the US export credit agency revealed that its loans are facilitating strategic deals worth close to $30 billion.
“EXIM’s support advances the Trump administration’s priority of increasing the energy dominance of the United States, while supporting the expansion of energy supply,” said the institution whose task is to facilitate that country’s exports.
In a communication, the agency explained that with these actions it strengthens the security of the US supply chain together with its Indo-Pacific allies.
He highlighted that one of the key projects is the Delfin LNG project, valued at 14 billion dollars, developed by Delfin Midstream. This project will establish the first offshore liquefied natural gas export plant in the United States and has the collaboration of Japanese and South Korean partners, including Mitsui OSK Lines, Samsung Heavy Industries, Hanwha Asset Management and the Korean Overseas Infrastructure and Urban Development Corporation (KODAC).
EXIM also announced its support of up to $10 billion for the development of a major iron ore mining and processing plant by Mesabi Metallics in the Mesabi, Minnesota mining region. This project will produce approximately 7 million tons of high-quality iron ore pellets per year, used in modern steelmaking, and will create hundreds of jobs in the United States.
The EXIM indicated that this investment not only expands US industrial capacity, but also strengthens strategic ties with India in energy, minerals and industrial supply chains.
In Australia, EXIM is providing up to $550 million in funding for RZ Resources’ Copi Project. This large-scale project is expected to produce raw materials of titanium, zircon and other strategic minerals used in advanced manufacturing and defense supply chains. The project is being developed by RZ Resources together with its Japanese partners JX Advanced Metals and Marubeni Corporation, reflecting growing coordination between global economies with similar goals to expand secure supply chains for critical minerals.
Additionally, EXIM expressed interest in supporting up to $4.2 billion in potential financing for General Matter’s sale of nuclear fuel to nuclear power plant operators in Japan and the Republic of Korea. This financing would support the purchase of US enriched uranium used in existing and advanced nuclear reactors, helping to reduce dependence on hostile suppliers and strengthening secure nuclear fuel supply chains in the Indo-Pacific region.