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Ex-Im Bank Considering $22.5 Million Loan for Export of Titanium Equipment

The Export-Import Bank of the U.S. said it's open to comments on an application it received for a $22.5 million working capital guarantee to support the export of about $21.6 million worth of titanium refining and production equipment to Kazakhstan.…

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The repayment term of the guarantee is 18 months. The U.S. exports will enable the Kazakh firm to produce 7,000 metric tons of titanium per year, to be sold in South Korea. Comments may be sent to economic.impact@exim.gov, or to 811 Vermont Avenue, NW, Room 947, Washington, DC 20571 by July 3.