https://newsletter.mw.creamermedia.com
Construction|Defence|Energy|Export|Infrastructure|Manufacturing|Systems|Technology|Infrastructure|Operations
Construction|Defence|Energy|Export|Infrastructure|Manufacturing|Systems|Technology|Infrastructure|Operations
construction|defence|energy|export|infrastructure|manufacturing|systems|technology|infrastructure|operations

US and Australian agencies signal $600m support for Tronox REE expansion

10th December 2025

By: Creamer Media Reporter

     

Font size: - +

Mineral sands miner Tronox has secured conditional and nonbinding expressions of support from the export credit agencies of the US and Australia for potential financing of up to $600-million to advance its rare earths development strategy.

The coordinated letters of support and interest from Export-Import Bank of the United States (Exim) and Export Finance Australia (EFA) were issued under the two countries’ new critical minerals cooperation framework, announced in October.

The agencies said the indicative support aligns with efforts to build secure, Western-aligned supply chains for rare earths used in permanent magnets, defence systems, energy technologies and advanced manufacturing.

The financing, if ultimately approved, would target mine extensions, infrastructure and the construction of cracking and leaching capacity tied to Tronox’s growing rare-earth ambitions. The company has completed a prefeasibility study and is progressing a definitive feasibility study for a proposed cracking and leaching facility in Western Australia that would produce a mixed rare earth carbonate containing both light and heavy elements.

“This announcement represents a significant milestone in advancing the expansion of Tronox's minerals processing operations to produce rare-earth elements (REEs) for customers that are critical to permanent magnet, defence, energy, and advanced technology industries,” said Tronox CEO John Romano.

He added that the interest from EFA and Exim “highlight[s] the opportunity for Tronox to assume a leading role as a supplier of REEs to support the critical mineral strategies of Australia and the United States”.

EFA MD and CEO John Hopkins said the agency’s letter aligned with its mandate to support Australia’s critical minerals sector.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 
Rio-Carb
Rio-Carb

Rio Carb is an OEM (Original Equipment Manufacturer) of R-C700 Chromium Carbide (CrC) alloy clad wear plates and pipes used for heavy materials...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Afromix MD Eugene Els speaks to Martin Creamer on Video
Afromix MD Eugene Els speaks to Martin Creamer on Video
8th December 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.15 0.258s - 146pq - 2rq
Subscribe Now