Ardea Resources Secures A$1 Billion in Conditional Funding Support from EFA and US EXIM for Goongarrie Hub
Small Caps·2026-02-05 00:51
Ardea Resources (ASX: ARL) has significantly advanced its Goongarrie Hub project by securing conditional, non-binding letters of support for up to A$1 billion equivalent from Export Finance Australia (EFA) and the US EXIM Bank, a major de-risking step for the critical minerals asset.EFA has provided a conditional, non-binding Letter of Support for potential financing of up to A$500 million.Concurrently, the US EXIM Bank issued a non-binding Letter of Interest for up to US$350 million.Combined, this represen ...