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ARTICLE · 12 AUGUST 2014

There May Be Trouble Ahead

In the past two years, environmental non- governmental organisations (NGOs) have attempted to block Ex-Im Bank funding for a number of foreign projects.

United StatesEnergy and Natural Resources
Neal McAliley
Neal McAliley
John Tivey
John Tivey
Rebecca Campbell
Rebecca Campbell

Legal Challenges on Home Turf Threaten US Ex-Im Bank Funding for Foreign Mining Projects

The Export-Import Bank of the United States (Ex-Im Bank) is facing a new wave of legal challenges related to the financing of natural resource projects outside of the US, and which threaten to derail one of Western Australia's most promising financing deals.

In the past two years, environmental non- governmental organisations (NGOs) have attempted to block Ex-Im Bank funding for a number of foreign projects. One recent objection was directed against Ex-Im Bank funding of the Roy Hill iron-ore project in WA's Pilbara region, which is one of the largest development projects in the global mining sector.

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