<div id="readability-page-1"><div><ul> <li>In early December 2025, Tronox Holdings plc reported receiving coordinated, non-binding and conditional Letters of Support/Interest from Export Finance Australia and the Export-Import Bank of the United States for up to US$600 million in limited or non-recourse financing to expand its rare earth supply chain, including mine extensions and a proposed cracking and leaching facility in Western Australia.</li> <li>This prospective funding aligns Tronox with the United States–Australia critical minerals framework and could accelerate its move into higher-value rare earth products alongside its core titanium dioxide business.</li> <li>We’ll now examine how this potential US$600 million government-backed financing for rare earth expansion may influence Tronox’s existing investment narrative.</li> </ul><p>Uncover the next big thing with financially sound penny stocks that balance risk and reward.</p><h2>Tronox Holdings Investment Narrative Recap</h2><p>To own Tronox, you need to believe its core titanium dioxide business can return to acceptable profitability while it diversifies into higher value mineral streams. The potential US$600 million rare earth financing could strengthen the diversification story, but the immediate catalyst still sits with any signs of pricing and margin stabilization in TiO₂, while the biggest near term risk remains high leverage and ongoing losses limiting financial flexibility.</p> <p>The Q3 2025 results, which showed a deeper net loss and weaker year to date sales, frame this rare earth funding news in a more cautious light. Until TiO₂ demand and pricing stop eroding and leverage begins to ease, government interest in rare earth projects mainly adds optionality rather than transforming the near term earnings picture.</p> <p>Yet investors should also be aware that Tronox’s sizeable debt load and thin coverage of interest costs could constrain how far it can commit to rare earth expansion without...</p> <p>Read the full narrative on Tronox Holdings (it's free!)</p><p>Tronox Holdings' narrative projects $3.2 billion revenue and $45.2 million earnings by 2028.</p><p>Uncover how Tronox Holdings' forecasts yield a $4.82 fair value, in line with its current price.</p><h2>Exploring Other Perspectives</h2><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/76199fa4-438a-4ff9-93be-8d0472ca5021/chart/quote-price?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/76199fa4-438a-4ff9-93be-8d0472ca5021/chart/quote-price"/><figcaption>TROX 1-Year Stock Price Chart</figcaption></figure> <p>Five members of the Simply Wall St Community currently estimate fair value for Tronox between US$0.14 and US$19.21, underscoring just how far apart views can be. When you set those opinions against Tronox’s persistent losses and elevated leverage, it becomes even more important to compare several perspectives on what might drive any future recovery in performance.</p><p>Explore 5 other fair value estimates on Tronox Holdings - why the stock might be worth less than half the current price!</p><h2>Build Your Own Tronox Holdings Narrative</h2><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p><ul><li>A great starting point for your Tronox Holdings research is our analysis highlighting 3 important warning signs that could impact your investment decision.</li><li>Our free Tronox Holdings research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Tronox Holdings' overall financial health at a glance.</li></ul><h2>Ready For A Different Approach?</h2><p>Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay:</p><ul><li>AI is about to change healthcare. These 30 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.</li><li>The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 26 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.</li><li>Trump has pledged to &#34;unleash&#34; American oil and gas and these 22 US stocks have developments that are poised to benefit.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p><div><p>Mobile Infrastructure for Defense and Disaster</p><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p><p>Get the investor briefing before the next round of contracts</p><p><span>Sponsored On Behalf of CiTech</span></p></div></div></div>

TROX

<p>Tronox Holdings plc has received non-binding Letters of Support from Export Finance Australia and the Export-Import Bank of the U.S. for up to $600 million in financing to expand its rare earth supply chain. This aligns with the U.S.-Australia critical minerals framework and could enhance Tronox's diversification into rare earth products. However, the company's high leverage and ongoing losses pose risks, and the immediate catalyst remains the stabilization of its core titanium dioxide business.</p>

Tronox Holdings (TROX) Is Up 23.8% After Government-Backed Rare Earth Financing Support Letters