Announced details
Storage batteries, GX, domestic nickel and cobalt resource development, deep-seabed mineral resource development
Pacific Metals is the lead project operator, and the University of Tokyo is the joint applicant. The Tokyo Metropolitan Government is the selecting body for the support program. Capital and personnel relationships: not disclosed
The University of Tokyo: Bunkyo-ku, Tokyo; President Fujii Teruo (藤井 輝夫). Tokyo Metropolitan Government: implementing body for the Early Social Implementation Support Program for Creating GX-Related Industries. Other details: not disclosed
Selection for the Tokyo Metropolitan Government FY2026 "Early Social Implementation Support Program for Creating GX-Related Industries"
Tokyo Metropolitan Government
Smelting facility at near-commercial scale
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Development of domestic nickel and cobalt resources and GX-related industries, and demonstration testing of manganese nodule smelting |
| Counterparty | The University of Tokyo, Tokyo Metropolitan Government |
| Counterparty overview | The University of Tokyo: Bunkyo-ku, Tokyo; President Fujii Teruo (藤井 輝夫). Tokyo Metropolitan Government: implementing body for the Early Social Implementation Support Program for Creating GX-Related Industries. Other details: not disclosed |
| Relationship with the Company | Pacific Metals is the lead project operator, and the University of Tokyo is the joint applicant. The Tokyo Metropolitan Government is the selecting body for the support program. Capital and personnel relationships: not disclosed |
| Launch date | From FY2026 (demonstration testing scheduled to begin) |
| Applicable area | Storage batteries, GX, domestic nickel and cobalt resource development, deep-seabed mineral resource development |
| Award/certification name | Selection for the Tokyo Metropolitan Government FY2026 "Early Social Implementation Support Program for Creating GX-Related Industries" |
| Awarding / certifying body | Tokyo Metropolitan Government |
| Location scale | Smelting facility at near-commercial scale |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To secure a stable supply of cobalt and nickel, key materials for storage batteries, and help develop domestic resources and create GX-related industries.