Latrobe Magnesium stock jumps on major $122M financing deal from U.S. EXIM Bank
Shares of Latrobe Magnesium surged after news that the U.S. Export-Import Bank, commonly called EXIM, has signaled interest in financing the miner’s commercial plant expansion, a move that lifted confidence in the company’s growth plan. Investors piled in as hopes rose that the loan support will fast track Latrobe’s switch from pilot to commercial scale….