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Japan commits N$562.95 million to Namibia’s strategic rare earth project

Staff Reporter NAMIBIA’S growing role as a key player in the global critical minerals sector has received a major boost after Japan committed up to 47.668 million Canadian dollars (approximately N$562.95 million) towards the development of the Lofdal heavy rare earth project in the Kunene Region — a landmark venture that represents Japan’s first rare ... The post Japan commits N$562.95 million to Namibia’s strategic rare earth project appeared first on Informanté .

InformantéBy Staff Reporter31 Jul 2026, 04:00 am
Japan commits N$562.95 million to Namibia’s strategic rare earth project

NAMIBIA’S growing role as a key player in the global critical minerals sector has received a major boost after Japan committed up to 47.668 million Canadian dollars (approximately N$562.95 million) towards the development of the Lofdal heavy rare earth project in the Kunene Region — a landmark venture that represents Japan’s first rare earth mining development project in Africa.

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Originally published by Informanté on 31 Jul 2026, 04:00 am. View original article
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