Global Trade Alert
Global Trade Alert

Japan: JOGMEC investment in Japan Australia Rare Earths BV

Announcement

02 Jun 2011

On June 2nd, 2011, Japan Oil, Gas and Metals National Corporation (JOGMEC) with the Japanese Sojitz Corporation created the Japan Australia Rare Earths B.V and subsequently invested into Australian Lynas Corporation, Ltd. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Jun 2011

Revocation date:

No revocation date

Last action: 02 Jun 2011
Financial assistance in foreign market In force
On June 2nd, 2011, Japan Oil, Gas and Metals National Corporation (JOGMEC) invested 20 billion yen (approx. 180 million USD) along with Japanese Sojitz Corporation for the Japan Australia Rare Earths ...
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