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Japan Organization for Metals and Energy Security (JOGMEC)

Supply-security agencyUnverified

Japanese government agency that provides financial and technical support for resource projects, conducts geological surveys and manages national stockpiles of metals and of petroleum and LPG.

Stakeholder group
Stockpiling and supply-security agencies
Headquarters
Japan

Deals and financing (16)

  1. 2026-07-30 · Equity investment · completed · CAD 47.668

    JOGMEC → TJ Namibia Rare Earths Corporation (with Toyota Tsusho) · Lofdal heavy rare earths project

    JOGMEC committed up to CAD 47.7 million to a new special purpose company with Toyota Tsusho to take the Lofdal dysprosium-terbium deposit in Namibia through a definitive feasibility study.

    official release

  2. 2026-07-14 · Joint venture · signed

    JOGMEC; Sojitz Corporation → Alcoa of Australia · Wagerup gallium recovery plant

    Australia, Japan, the United States and Alcoa took a final investment decision on the Wagerup gallium plant, with part of the output to go to Japan.

    official release

  3. 2026-03-25 · Equity investment · completed · MYR 14

    JOGMEC → Taiyo Koko Malaysia Sdn. Bhd. (Taiyo Koko Co.) · Vanadium refinery from spent catalysts, Gebeng (Kuantan, Pahang)

    JOGMEC invested MYR 14 million in Taiyo Koko Malaysia, which is building a plant in Kuantan to recover vanadium pentoxide (and molybdenum oxide) from spent refinery desulphurisation catalysts for export to Japan.

    official release

  4. 2026-03-23 · Equity investment · completed · US$89.4 m

    JOGMEC → ITC Platinum Development Ltd. (ITOCHU-led; 8% of Platreef) · Platreef PGM-nickel project Phase 2 (Ivanhoe Mines)

    JOGMEC made an additional USD 89.4 million equity investment in ITC Platinum Development, which holds 8% of Ivanhoe Mines' Platreef PGM project in South Africa, to fund Phase 2 development.

    official release

  5. 2026-03-18 · Acquisition · signed

    Toyota Tsusho Corporation → JOGMEC · Lofdal heavy rare earths project (Kunene)

    Toyota Tsusho won JOGMEC's public tender to take over part of JOGMEC's 40% interest option in the Lofdal heavy rare earth project in Namibia, explored jointly with Namibia Critical Metals since 2020.

    official release

  6. 2026-03-11 · Offtake · signed

    Mitsui & Co., Ltd. → JOGMEC · Josemaría copper project (Vicuña, San Juan)

    JOGMEC transferred, by public tender, its option to take 40% of future copper concentrate from the Josemaría area of the Lundin-BHP Vicuña project in Argentina to Mitsui & Co.

    official release

  7. 2025-12-23 · Joint venture · signed · CAD 6

    JOGMEC → Hudbay Minerals Inc.; Marubeni Corporation · Flin Flon area copper exploration (Manitoba)

    JOGMEC joined a joint exploration agreement with Hudbay Minerals and Marubeni near Flin Flon, Manitoba, earning an option on a 10% interest by funding CAD 6 million of exploration over about three years.

    official release

  8. 2025-07-23 · Equity investment · completed

    Japan Australia Gallium Associates (JOGMEC / Sojitz) → Alcoa of Australia Limited · Gallium recovery study at Alcoa's Western Australian alumina refinery

    JOGMEC and Sojitz, through Japan Australia Gallium Associates, made a first equity contribution to a joint study with Alcoa of Australia on producing gallium at an alumina refinery in Western Australia, targeting production in 2026.

    official release

and 8 earlier deals

Official source

Profile compiled from public sources (jogmec.go.jp), checked 2026-10-02. Report an error