Quantum Graphite Ltd (AU:QGL) has released an update.
Quantum Graphite Ltd, in partnership with Sunlands Energy Co., has submitted a Letter of Interest to the US EXIM Bank for funding a supply chain project, aiming to produce high purity graphite in the US. The initiative, part of the Make More In America and China and Transformational Exports Program, aligns with efforts to secure critical mineral supply chains for the clean energy transition. The received Indicative Terms Sheet suggests potential EXIM support under a partnership that includes Australia, focusing on sustainable and diverse critical energy mineral development.
For further insights into AU:QGL stock, check out TipRanks’ Stock Analysis page.