EXIM Interim President and Chair Spencer Bachus III Hosts Queensland Minister for Natural Resources and Mines, Discusses Importance of Critical Minerals
Washington, D.C. – Interim President and Chair of the Export-Import Bank of the United States (EXIM) Spencer Bachus today hosted a delegation from Queensland, Australia. The delegation, led by the Honorable Dale Last, Minister for Natural Resources and Mines, Manufacturing and Regional Development also included industry leaders and other senior government officials.
During the meeting, Interim Chair Bachus outlined EXIM’s China and Transformational Exports Program (CTEP), which is focused on supporting U.S. companies competing with the People’s Republic of China (PRC), and how it can be leveraged to further facilitate financing for key sectors such as critical minerals. He also reaffirmed the shared EXIM and Trump Administration priorities, including ensuring America’s energy dominance and supporting job creation.
Continuing the collaborative discussion, both parties emphasized their eagerness to engage in the critical minerals sector, with the Queensland delegation highlighting their strategic mineral deposits including tungsten, gallium and germanium. Australia, together with the United States, can support the strengthening of U.S. supply chains in an effort to increase American exporting competitiveness with the PRC. The meeting highlighted the strong partnership between the two nations, focusing on their efforts to fortify the economic and national security for both countries.
The Honorable Dale Last, Minister for Natural Resources (left) and Interim President and Chair of the Export-Import Bank, Spencer Bachus III (right)
Left to right: Darren Moor, Executive Director, Georesources Delivery; Joanna Olivera, Director of Investment for North America; Graham Fraine, Director-General, Minister for Natural Resources, Hon. Dale Last; José Cunningham, Senior Advisor, EXIM; Viki Forest, Queensland Senior Trade and Investment Commission for the Americas; Ally Foley, Chief of Staff for the Minister, Paul Holden, Critical Minerals Queensland Lead.
Left to right: José Cunningham, Senior Advisor, EXIM; Hon. Dale Last, Minister for Natural Resources; Interim President and Chair, Spencer Bachus III, EXIM, Bryce McFerran, Senior Advisor, EXIM.
ABOUT EXIM:
The Export-Import Bank of the United States (EXIM) is the nation’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Learn more at www.exim.gov.
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