Japan's Sojitz, JOGMEC team up with Alcoa for gallium study in Australia

Reuters
08/04
Japan's Sojitz, JOGMEC team up with Alcoa for gallium study in Australia

TOKYO, Aug 4 (Reuters) - Japanese trading house Sojitz established a joint venture with Japan Organization for Metals and Energy Security (JOGMEC) to study gallium production in Australia, Sojitz said on Monday.

Gallium, a critical mineral, is used in semiconductors where demand continues to grow with the expansion of electric cars, mobile devices and other electronic items.

The joint venture, Japan Australia Gallium Associates (JAGA), signed a joint development agreement with U.S. Alcoa AA.N to explore the feasibility of producing gallium at Alcoa's alumina refinery in Western Australia.

The companies aim for final investment decision by the end of 2025, Sojitz said on Monday, and production in 2026 with gallium to be sold in Japan and in other countries.

(Reporting by Katya Golubkova; Editing by Harikrishnan Nair)

((jekaterina.golubkova@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10