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Milford Mining Secures USDA-Backed Financing to Advance Utah's Critical Minerals Production
Source: PR Newswire
Commodities & Raw MaterialsTrade Policy & Supply ChainFiscal Policy & BudgetCompany Fundamentals
Milford Mining Company Utah received a conditional commitment for a $25 million loan from the U.S. Department of Agriculture's Rural Development program. The financing is intended to support domestic critical-minerals supply, potentially strengthening U.S. supply-chain resilience. The commitment is positive for MMCU's funding outlook, though final terms and closing remain conditional.
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