RE:The door is wide openMaterialsMan ,
Earlier this month, it had been announced that Syrah Resources' Balama graphite mining project in Mosambique was provided a $150 Million loan from the United States International Development Finance Corporation.
An initial $73 Million was to be disbursed during this month.
This loan is the first loan by The United States International Development Finance Corporation for a graphite project.
I previously spoke to how the U.S.International Development Finance Corporation can be "a rainmaker" corporate entity, a financial capital provisioning behemoth obviously being employed for many quite specific reasons, all having to do with U.S. economic security and ultimately U.S. National Security.
Clearly, I fully comprehend precisely why critical elements bearing lands development and mines building projects in Africa and especially why now.
Nevertheless, it's incredulous really, i.e. the very fact being that The United States International Development Finance Corporation "seemingly" hadn't first been directed to have taken up an investment in the provisioning of hundreds of million of dollars to specifically a Quebec, Canada situated graphite bearing lands development and fully integrating graphite mines and 100,000 tpa graphite processing facility and 43,000 tpa SCPG anode manufacturing capacity facility kind of New World Graphite or Nouveau Monde Graphite champion.
I would expct that where GM goes, so too does the The United States International Development Finance Corporation with it's capital financing capabilities for designated as more worthy corporations deemed important to U.S. economic security and therefore U.S. National Security.
I am sure Eric Desaulniers, Nouveau Monde Graphite CEO, along with the representatives of GM, Panasoncic and Mitsui, would have made great strides of progress, as a result of the conversations during and most importantly following that particular White House meeting.
Just a though or two for you to consider.