Titan Mining Corp. Secures $15.8 Million Financing from EXIM to Boost Zinc and Critical Minerals Production in New York

Reuters
2025/06/19
<a href="https://laohu8.com/S/TIMCF">Titan Mining Corp.</a> Secures $15.8 Million Financing from EXIM to Boost Zinc and Critical Minerals Production in New York

VANCOUVER, British Columbia, June 19, 2025 - Titan Mining Corporation has announced that the Export-Import Bank of the United States (EXIM) has approved a US$15.8 million financing for Titan's wholly owned subsidiary, Empire State Mines LLC $(ESM)$, based in St. Lawrence County, New York. This funding, part of the Make More in America Initiative (MMIA), is EXIM's first direct mining transaction aimed at reshoring industrial capacity and securing U.S. supply chains for critical materials. The financing will support the expansion of zinc production and the development of critical minerals at ESM, ensuring the retention of 135 jobs and the creation of 10 new positions. Titan Mining Corp. stands as the sole recipient of this grant, marking a significant milestone in U.S. mineral policy and domestic manufacturing efforts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Titan Mining Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9471405-en) on June 19, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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