Rare earths shares jumped in Sydney after President Donald Trump signed an agreement with Australian Prime Minister Anthony Albanese that\u2019s been described as a \u201cshot in the arm\u201d for the industry in Australia.<\/p>\n
After the deal was inked in the White House on Monday, Arafura Rare Earths Ltd.<\/a> announced the US Export-Import Bank was consideringBloomberg Terminal<\/a> $300 million of financing support for its Nolans project in Australia, sending its shares soaring as much as 29%. The miner \u2014 backed by the richest Australian, Gina Rinehart \u2014 also received conditional approval for $100 million in funding from Albanese\u2019s government. <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Rare earths shares jumped in Sydney after President Donald Trump signed an agreement with Australian Prime Minister Anthony…\n","protected":false},"author":2,"featured_media":229238,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[96496,138473,63,512,20097,60501,3786,43,171,44,2004,670,41,39,42,40,19542],"class_list":["post-229237","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-anthony-j-albanese","tag-arafura-rare-earths-ltd","tag-australia","tag-china","tag-donald-john-trump","tag-gina-rinehart","tag-government","tag-headlines","tag-markets","tag-news","tag-stocks","tag-sydney","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-white-house"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/229237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=229237"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/229237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/229238"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=229237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=229237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=229237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}