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Iron Ore Mining Equipment, Locomotives and Rail Cars / Canada

Notice Date: 
Dec 22, 2011

This notice is to inform the public that the Export-Import Bank of the United States has received an application for a $74 million long-term guarantee to support the export of approximately $87 million worth of mining equipment, locomotives and railcars to Canada. The U.S. exports will enable the Canadian mining company to increase production by about 5 million metric tons of iron ore per year during the 8.5-year repayment term of the guarantee. Available information indicates that all of the additional Canadian iron ore production will be sold in China. Interested parties may submit comments on this transaction by e-mail to economic.impact@exim.gov or by mail to 811 Vermont Avenue, NW, Room 947, Washington, DC 20571, within 14 days of the date this notice appears in the Federal Register..

Federal Register Notice