
** Shares of Australia's Amaero International 3DA.AX rise as much as 6.1% to A$0.350, highest since early December
** Titanium powder producer announces that its unit has secured a direct loan of $23.5 million (A$37.8 million) from U.S. Export-Import Bank, based on an exchange rate of $0.621
** The U.S. federal government export credit agency will provide capital equipment financing and will directly fund the loan as part of the bank's Make More in America initiative
** 1.1 mln shares change hands, 2.3 times compared with the 30-day average volume of 476,740
** Stock rose 4.2% in 2024
(Reporting by Manasi Dasa Sundeep in Bengaluru)
((Manasi.DasaSundeep@ThomsonReuters.com))