Global Trade Alert
Global Trade Alert

Japan: Government announces a JPY 4.9 billion financial grant to Sumitomo Metal Mining Co Ltd and Mitsubishi Corporation to support critical minerals exploration project

Announcement

29 Mar 2024

In March 2024, the government of Japan announced a JPY 4.9 billion (USD 36.92 million) financial grant to Sumitomo Metal Mining Co Ltd and Mitsubishi Corporation to support a critical minerals exploration project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Mar 2024

Revocation date:

No revocation date

Updated: 29 Mar 2024
Financial assistance in foreign market In force

On 29 March 2024, the government of Japan announced approximately JPY 4.9 billion (USD 36.92 million) in support of the critical minerals supply security plan of Sumitomo Metal Mining Co Ltd and Mi...

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