The Export-Import Bank of the United States has launched a strategic shift of one trillion US dollars, focusing on investing in key mineral and energy supply chains.

John Jovanovich, the newly appointed chairman of the Export-Import Bank of the United States, told the media that the bank will invest $100 billion to ensure the security of the U.S. supply chain for critical minerals, nuclear energy, and liquefied natural gas. The first batch of transactions will involve projects in Egypt, Pakistan, and Europe. Jovanovich stated that the Export-Import Bank of the United States will focus on "getting American energy to every corner of the globe" and addressing the overreliance on critical mineral supply chains. He added that the early transactions of the institution will include providing credit insurance guarantees for a $4 billion natural gas delivery to Egypt by the New York commodity group Hartree Partners and a $1.25 billion loan for the development of the Reko Diq copper-gold mine by Barrick Mining in Pakistan. Jovanovich mentioned that in the 12 months ending in September, the total amount of newly approved transactions by the bank reached $8.7 billion, excluding the $4.7 billion loan approved in March to support TotalEnergies' liquefied natural gas project in Mozambique. The Export-Import Bank of the United States is increasingly focusing on supporting liquefied natural gas exports and energy security, signaling a shift in the bank's work priorities. Under former President Biden's leadership, the bank has been expanding its support for renewable energy; in 2024, the bank supported $1.6 billion worth of green energy projects, a 74% increase from 2023. Jovanovich stated that nuclear energy will be a focus of the bank's new leadership, and added that the Export-Import Bank of the United States is "actively discussing" several nuclear power projects in Southeastern Europe, with U.S. companies like Westinghouse Electric seeking to invest in these projects.