10:07 AM EST - Ivanhoe Electric Inc. : Executive Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are pleased to announce the receipt of a Letter of Interest from the Export-Import Bank of the United States outlining the potential to provide up to $825 million in debt financing with a 15-year repayment tenor for the development of Ivanhoe Electric's Santa Cruz Copper Project in Arizona through EXIM Bank's Make More in America initiative. Ivanhoe Electric Inc.
shares T.IE are trading up $1.21 at $8.25.
