Global Trade Alert
Global Trade Alert

United States of America: US Administration provides funding to support a rare earth project in South Africa

Announcement

01 Dec 2023

In December 2023, the US government approved funding to support a foreign investment operation carried out by Techmet.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Dec 2023

Revocation date:

No revocation date

Updated: 01 Dec 2023
Financial assistance in foreign market In force

On 1 December 2023, the U.S. International Development Finance Corporation (DFC) approved equity support having a value of USD 50 million to TechMet Ltd. This funding supports the company's investm...

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