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Namibia Critical Metals Announces Completion of Japan’s C$23 Million Earn-In and Formation of Strategic Joint Venture Company for the Lofdal Heavy Rare Earth Project

Primary source

Namibia Critical Metals Inc.

OfficialenPublished 30 Jul 2026Accessed 3 Oct 2026

Full four-page company-hosted original PDF read on 3 October 2026. It distinguishes the completed C$23 million earn-in, the approximately C$11 million expanded DFS budget, and JOGMEC's up-to-C$47.668 million investment in TJNREC with an initial investment on 23 July. It does not quantify the initial SPC investment. Transfer of the 50% project interest is subject to prior shareholder and TSX Venture Exchange approvals. Ongoing pilot-scale work, engineering, permitting and mine planning remain definitive-feasibility activities; pre-FID work is not commercial construction or operation.

Open original document ↗

https://www.namibiacriticalmetals.com/wp-content/uploads/2026/07/260730-TJNRE-Earn-In-Completion-SEDAR.pdf

2 directly citing records. This is a snapshot of the curated public corpus, not a live document monitor or proof that every sentence in the linked document supports every aspect of a record. Status and implementation observations are distinct from executed agreements, cash disbursements and verified physical milestones. Private research and pending editor reviews are excluded.

Financial instruments

1 distinct published record with an explicit reference to this source.

  1. Lofdal heavy rare earth development project

    fin-jp-jogmec-lofdal-2026-equity

    • Field evidence: amount
    • Field evidence: project
    • Field evidence: status

Projects

1 distinct published record with an explicit reference to this source.

  1. Lofdal heavy rare earth development project

    prj-na-lofdal

    • Field evidence: name
    • Field evidence: sponsors

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