BUZZ-Australia's VHM hits over 1-year high on US EXIM funding** Shares of VHM VHM.AX rise 19.6% to A$0.55, their highest level since September 2024
** Mineral sands and rare earth co receives updated letter of interest from the U.S. EXIM for up to $200 million in funding for development of its Goschen rare earths and mineral sands project in Australia
** Also gets letter of support from Export Finance Australia for the provision of up to A$75 million ($48.73 million) funding
** Stock earlier rose as much as 30.4%
** VHM up 33.3% YTD
($1 = 1.5389 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com))
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