Financial support for Japanese companies
JOGMEC provides funds required for metal resource exploration projects in the form of equity support or loan, to assist Japanese companies, leading to the faster transition to mine development stages. JOGMEC also provides liability guarantees for development funds loaned by private financial institutions. The funds supported by JOGMEC can be provided to the projects through participation of Japanese companies.
Equity capital, loan and investment system for acquisition of assets
To enhance and expedite high-risk mineral exploration, JOGMEC provides the necessary funds in the form of equity support or loan. Since 2010, a scheme of equity participation was also started to assist Japanese companies for the acquisition of mining interests in the development and production stages.
Investing in world-class minor metal producers
JOGMEC invested in world-class niobium (Brazil) and ferrochrome (South Africa) producers with Japanese companies for the purpose of a stable supply of these metals to Japanese manufactures.
Projects in the development stage require massive amount of investment, ranging from several tens of millions to more than one billion dollars. JOGMEC provides liability guarantees for development funds loaned by private financial institutions to Japanese companies, in order to ensure the smooth procurement of development funds and to reduce the business risks and country risks associated with each project.
Recent examples of our support
Supporting Japanʼs first lithium development project
In 2012, JOGMEC provided a liability guarantee for part of the development funds for the lithium development project in Salar de Olaroz (Olaroz Salt Lake), Argentina, in which a Japanese trade company participated.