Japan's Marubeni to invest in Australian critical minerals project

Reuters
2025.11.10 03:42
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Japan's Marubeni Corp will invest A$15 million ($9.75 million) in Australia's RZ Resources' Copi mineral sands project, acquiring up to 5% equity participation and marketing rights, contingent on project feasibility. This investment follows a similar deal by JX Advanced Metals. The project aims to produce heavy mineral sands for industries like aerospace and defense, as Japan seeks to secure critical mineral supply chains amid tightening Chinese export restrictions. Marubeni, RZ, and JX will collaborate on project development and environmental assessments.

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