
Home > JOGMEC's Activities > Financial Assistance (Metals) > Liability Guarantees for Overseas Development
Liability guarantees for overseas development is a program designed to promote mine development by guaranteeing the liabilities of Japanese companies when they borrow the required funds from financial institutions for mining of metal resources conducted overseas. Since the program's launch in fiscal 1963 through fiscal 2005, it has made liability guarantees totaling ¥34.0 billion and US$26,483, and the mineral resources extracted from developed mines have provided a stable supply of resources for Japan.