Tronox Holdings and JX Advanced Metals have signed a $32 million cooperation agreement to fund feasibility studies for rare earth mineral processing facilities in Australia and the United States. The projects include a cracking and leaching plant in Australia and a rare earth oxide refinery in the US, aiming to produce up to 10,000 tonnes annually. This partnership targets critical minerals essential for high-tech industries and national security, with plans to explore a joint venture if studies prove viable. The initiative supports supply chain security across the US, Japan, and Australia, with potential government financing involvement.
Tronox's cooperation and investment agreement with JX Advanced Metals is the subject, with Pluang's Basic Materials sector data providing market context. For readers following Basic Materials, 24 of 38 US stocks rose and 12 fell, including AEM at USD 185.74 (+0.86%), NEM at USD 116.91 (+0.74%), and B at USD 41.39 (+0.73%). These figures are as of Sep 29, 2026 16:11 WIB.
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