Brief: JOGMEC And Iwatani Corp: To Invest Up To 110 Million Euros In Equity And Debt To Caremag SAS Via Jointly Established SPC, 'Japan France Rare Earths Co' In Japan
17/03/2025 08:04
March 17 (Reuters) - Iwatani Corp 8088.T: JOGMEC AND IWATANI CORP: TO INVEST UP TO 110 MILLION EUROS IN EQUITY AND DEBT TO CAREMAG SAS VIA JOINTLY ESTABLISHED SPC, 'JAPAN FRANCE RARE EARTHS CO' IN JAPAN JOGMEC AND IWATANI CORP: A LONG-TERM OFFTAKE AGREEMENT HAS BEEN SIGNED TO SUPPLY HEAVY RARE EARTHS OXIDES PRODUCED BY CAREMAG TO JAPAN Source text: https://www.iwatani.co.jp/eng/news/files/2025/20250317_news_e.pdf Further company coverage: 8088.T (Reporting by Kantaro Komiya) ((Kantaro.Komiya@thomsonreuters.com;))