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