Namibia rare earths drew up to US$33.9 million from Japan's Jogmec on 30 July, funding a Toyota Tsusho venture at Lofdal in the Kunene region.

Japan will invest up to $34 million in Namibia’s Lofdal rare earth project, strengthening Africa’s role in the global race to secure critical minerals for EVs, renewable energy…

Namibia rare earths drew up to US$33.9 million from Japan's Jogmec on 30 July, funding a Toyota Tsusho venture at Lofdal in the Kunene region.