Latest news with #JOGMEC
Japan Times
3 days ago
- Business
- Japan Times
Japan's energy security agency to join gallium production study in Australia
The Japan Organization for Metals and Energy Security (JOGMEC) said Monday that it will take part in a joint study for gallium production in Australia in an effort to ensure a stable supply of the critical mineral used to make semiconductors. JOGMEC, a Japanese independent administrative agency, aims to diversify sources of gallium to reduce the country's reliance on imports from China. The agency and Japanese trading house Sojitz have established a joint venture n Western Australia — Japan Australia Gallium Associates (JAGA) — which will conduct a joint study with Alcoa to explore the feasibility of producing gallium at an alumina refinery there owned by the U.S. company. JAGA and Alcoa aim to complete the feasibility study by the end of fiscal 2025 and start gallium production in calendar 2026. According to JOGMEC, Japan imported about 97 tons of gallium out of the 167 tons that the country consumed in 2021. Of the total imports, 57%, or 55 tons, was sourced from China. Japan's gallium imports from China have been on the decline since Beijing tightened export controls on the mineral in 2023.
Yahoo
3 days ago
- Business
- Yahoo
Alcoa and Japanese partners explore gallium production in Western Australia
Alcoa, along with Japanese trading house Sojitz and the Japan Organisation for Metals and Energy Security (JOGMEC), are assessing gallium production in Western Australia (WA). Alcoa of Australia, a unit of US aluminium producer Alcoa, reached a joint development agreement with Japan Australia Gallium Associates (JAGA), a joint venture between Sojitz and JOGMEC. The companies are evaluating the viability of gallium production at one of Alcoa's alumina refineries in WA. Gallium, a critical mineral for the technology and defence industries, has seen heightened global demand due to market controls in China. The collaboration between Alcoa of Australia and JAGA seeks to diversify the global supply of gallium. This effort comes as both Australia and the US have classified gallium as a critical mineral, with Japan also recognising it as one of the 35 minerals crucial to national security. Alcoa of Australia president Elsabe Muller said: 'This opportunity could deliver additional value from our established operations and further demonstrate how Alcoa's long-standing mineral processing capabilities can be significant in supporting state, national and global objectives in technology and national defence. 'We welcome the opportunity to work with the JAGA partners, including Sojitz, who has considerable connection with midstream gallium refiners and manufacturers and would be an offtake customer in the project.' Sojitz Metals Resources and Recycling Divisional chief operating officer Osamu Matsuura highlighted the project's significance, saying it 'had the potential to introduce supply options for Japanese semiconductor production critical to global downstream processing and manufacturing". The partners are working towards a final investment decision by the end of 2025, with production scheduled to begin in 2026. This is subject to further commercial agreements as well as regulatory clearances. Alcoa has clarified that this venture is not expected to materially affect the company's financial position or operational results. Meanwhile, last month, Alcoa paused growth projects in Canada due to the impact of US tariffs, according to a Bloomberg report. The company is considering seeking support from the Canadian Government to maintain its aluminium operations in Quebec. "Alcoa and Japanese partners explore gallium production in Western Australia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
3 days ago
- Business
Japan's JOGMEC to Join Study for Gallium Production in Australia
News from Japan Economy Technology Aug 5, 2025 11:28 (JST) Tokyo, Aug. 5 (Jiji Press)--The Japan Organization for Metals and Energy Security, or JOGMEC, said Monday that it will take part in a joint study for gallium production in Australia in an effort to ensure a stable supply of the critical mineral used to make semiconductors. JOGMEC, a Japanese independent administrative agency, aims to diversify sources of gallium in order to reduce the country's reliance on imports from China. The agency and Japanese trading house Sojitz Corp. have established a joint venture in Western Australia, Japan Australia Gallium Associates Pty. Ltd., which will conduct a joint study with Alcoa Corp. to explore the feasibility of producing gallium at an alumina refinery there owned by the U.S. company. JAGA and Alcoa aim to complete the feasibility study by the end of fiscal 2025 and start gallium production in calendar 2026. According to JOGMEC, Japan imported about 97 tons of gallium out of the 167 tons that the country consumed in 2021. Of the total imports, 57 pct, or 55 tons, was sourced from China. Japan's gallium imports from China have been on the decline since Beijing tightened export controls on the mineral in 2023. [Copyright The Jiji Press, Ltd.] Jiji Press
Yahoo
4 days ago
- Business
- Yahoo
Japan's Sojitz, JOGMEC team up with Alcoa for gallium study in Australia
TOKYO (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 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
4 days ago
- Business
- Reuters
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), opens new tab 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.
