US Development Finance Corporation Supports Kenya Rare-Earth Processing

US Development Finance Corporation Supports Kenya Rare-Earth Processing

The United States International Development Finance Corporation has announced a major capital allocation to support rare-earth mineral processing facilities connected to Kenya's Mrima Hill deposit.

NAIROBI / WASHINGTON — The United States International Development Finance Corporation has announced a major capital allocation to support rare-earth mineral processing facilities connected to Kenya's Mrima Hill deposit.

The development is expected to support efforts to establish greater processing capacity around Kenya's rare-earth resources.

The investment brings additional international financial attention to Kenya's mineral sector and the potential economic value of processing critical minerals locally.

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