Marubeni Corporation has entered into an agreement to invest AUD 15 million in RZ Resources Limited to advance a mineral sands project in Australia, securing up to a 5% equity interest.

Information on the Target

RZ Resources Limited ("RZ") is an Australian mining company that specializes in the production of critical minerals and rare earths. Situated in Brisbane, Queensland, RZ operates a mineral separation and processing plant while developing its 100%-owned mineral sands mining project located in New South Wales. The Project aims to extract valuable heavy mineral sands products, including rutile, ilmenite, zircon, and monazite, which cater to industries such as aerospace, defense, and permanent magnets.

In June 2025, RZ entered into a strategic partnership with JX Advanced Metals Corporation to jointly enhance the Project's development. Together, Marubeni Corporation, RZ, and JX will work on various Project components, including the technical upgrades to the existing mineral separation plant and the completion of critical feasibility studies.

Industry Overview in Australia

Australia boasts a strong mining sector recognized for its rich mineral resources and significant production capabilities. As one of the world's largest producers of various minerals, including titanium and rare earth elements, the Au