Brief: JX Advanced Metals: Entered Into Farm-In Agreement With RZ Resources To Acquire 5% Interest In Copi Project For Final Payment Of A$20 Million With Additional Contribution Option Of A$5 Million And Further A$5 Million In Convertible Funding
June 9 (Reuters) - JX Advanced Metals Corp 5016.T: JX ADVANCED METALS: AGREEMENT CONCLUDED FOR PARTICIPATION IN MINERAL SANDS DEPOSIT DEVELOPMENT PROJECT IN AUSTRALIA JX ADVANCED METALS: ENTERED INTO FARM-IN AGREEMENT WITH RZ RESOURCES TO ACQUIRE 5% INTEREST IN COPI PROJECT FOR FINAL PAYMENT OF A$20 MILLION WITH ADDITIONAL CONTRIBUTION OPTION OF A$5 MILLION AND FURTHER A$5 MILLION IN CONVERTIBLE FUNDING Source text: https://www.jx-nmm.com/english/newsrelease/fy2025/20250609_02.html Further company coverage: 5016.T (Reporting by Kantaro Komiya) ((Kantaro.Komiya@thomsonreuters.com;))
Recent news on JX Advanced Metals
See all newsBrief: Jx Advanced Metals To Invest 120 Billion Yen To Boost Output Capacity For Semiconductor Materials Used In Optical Communications By Up To 10 Times, Nikkei Says
Focus: China's control over indium phosphide exports threatens AI data centre rollout
Brief: Jx Advanced Metals Corp - To Retire 4 Million Treasury Shares On July 31
Brief: Mitsubishi Materials Corp: Executed Management Integration Agreement With JX advanced metals, Mitsui Kinzoku And Marubeni, The Shareholders of Pan Pacific Copper
JX Advanced Metals to buy back up to $1.6 billion in shares