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.

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