Japan, South Korea Nuclear Operators Get US Ex-Im Bank Support

The US Export-Import Bank advanced plans for up to $4.2 billion in financing to support Japanese and South Korean nuclear operators’ purchase of enriched fuel from California-based General Matter.

The Ex-Im Bank issued letters of interest supporting the financing — with up to $2.4 billion for Japanese nuclear operators and as much as $1.8 billion for those in Korea — during the Indo-Pacific Energy Security Ministerial and Business Forum in Tokyo.