JX Nippon Mining & Metals Invests in Australian Mineral Sands Project
JX Nippon Mining & Metals Corporation has announced that Marubeni Corporation will invest A$15 million in a mineral sand deposit project in southeastern Australia. Marubeni will have the right to acquire up to a 5% equity interest upon commercialization. The project, currently in feasibility study, aims to secure sales channels for minor metals and rare earths, leveraging Marubeni’s expertise. This initiative is expected to enhance the competitiveness of JX Advanced Metals Group with a modest investment, benefiting from the region's stable geopolitical environment.
JX Nippon Mining & Metals Corporation has announced that Marubeni Corporation will participate in the development evaluation of a mineral sand deposit project in southeastern Australia. Marubeni will invest A$15 million and, upon commercialization, will have the right to acquire up to a 5% equity interest in the project. The initiative, currently undergoing a feasibility study, aims to secure sales channels for minor metals and rare earths, leveraging Marubeni’s extensive network and expertise in metal resources. The project is expected to strengthen the foundation and competitiveness of JX Advanced Metals Group’s focus businesses with a relatively modest investment, while benefiting from the region’s stable geopolitical environment and established transportation infrastructure. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JX Nippon Mining & Metals Corporation published the original content used to generate this news brief on November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
