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Lofdal Heavy Rare Earths Project

Sector: Electric Vehicles (EVs) • Location: Namibia

Source: Stock Titan

Project
Under Development

The Lofdal Heavy Rare Earths Project is a significant deposit of dysprosium and terbium, critical rare earth elements used in high-performance permanent magnets for electric vehicles, wind turbines, and other electronics. The project is fully permitted with a 25-year mining license and is under a funding agreement with the Japan Organization for Metals and Energy Security (JOGMEC). Toyota Tsusho C

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The project “Lofdal Heavy Rare Earths Project” is an infrastructure initiative in the Electric Vehicles (EVs) sector, located in Namibia. Taiyo aggregates data on it from Stock Titan.

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Participants

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under development

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Description

Description

The Lofdal Heavy Rare Earths Project is a significant deposit of dysprosium and terbium, critical rare earth elements used in high-performance permanent magnets for electric vehicles, wind turbines, and other electronics. The project is fully permitted with a 25-year mining license and is under a funding agreement with the Japan Organization for Metals and Energy Security (JOGMEC). Toyota Tsusho Corporation has joined as a strategic industrial partner through JOGMEC's public tender process, bringing global supply chain capabilities, downstream market access, and rare earth processing experience to support the project's development, financing, and future commercialization.

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Source reliability

High

Data quality score

100%

Source

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