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JAPAN'S MARUBENI WILL INVEST IN AUSTRALIAN CRITICAL MINERALS PROJECT

  • NEWS Desk Global
  • 2 hours ago
  • 1 min read

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Japan's Marubeni Corp will invest in a mineral sands project owned by Australia's RZ Resources, following in the footsteps of compatriot JX Advanced Metals, which struck a similar deal with RZ earlier this year.

If the project's feasibility is confirmed, Marubeni will contribute A$15 million ($9.75 million) for options granting it up to 5% equity participation in RZ's Copi mineral sands mine project in New South Wales along with certain marketing rights.

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