Export-Import Bank of the United States Approves More Than $350 Million in Transactions
Washington, D.C. – The Board of Directors of the Export-Import Bank of the United States (EXIM) last week approved three transactions amounting to more than $350 million in financing to support domestic exports and Bank priorities.
The first transaction of the day was an $11 million loan for IperionX Technology LLC to support the purchase and installation of industrial metals processing equipment. This transaction is the seventh under EXIM’s flagship domestic financing initiative, Make More in America (MMIA).
IperionX, a small business located in South Boston, VA, manufactures and exports titanium milled parts and titanium powder to advanced manufacturers for applications such as 3D printing. This loan will assist IperionX with its continued expansion of their processing facility to meet current demand and expected growth in key markets.
“I am pleased that the Board approved EXIM’s seventh Make More in America transaction,” said Acting President and Chairman Jim Cruse. “Today’s transaction continues to reinforce EXIM’s commitment to supporting the American worker with bolstering and reshoring critical supply chains while highlighting our dedication to advancing domestic production of critical minerals.”
The financing from this transaction allows for the advanced refining of titanium, a key critical mineral with significant geopolitical importance, further supporting EXIM’s China and Transformational Exports Program (CTEP). This transaction also supports Bank and Trump Administration priorities of strengthening American supply chains, supporting U.S. exporters, and competing with the People’s Republic of China while bolstering economic security.
The transaction is expected to support an estimated 49 local jobs.
In the second and third transactions of the day, the Board approved two final commitments for Silk Way West Airlines totaling more than $339 million to support aircraft exports. The aircraft are expected to be delivered by Spring 2026. The transactions will support an estimated 700 jobs.
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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