JX Advanced Metals and OXIDE enter capital and business alliance

JX Advanced Metals Corporation and OXIDE Corporation announced a capital and business alliance agreement. JX Advanced Metals will invest approximately JPY 2.75 billion to acquire a 7.66% stake in OXIDE (7.12% after dilution) to collaborate on crystal materials for photonics and optical communications.

“JX Advanced Metals plans to subscribe for shares to be issued by OXIDE through a third-party allotment and acquire shares representing 7.66% of OXIDE's total issued shares.”jx-nmm.com

• 1 source
• jx-nmm.comJX Advanced Metals Corporation and OXIDE Corporation Enter into Capital and Business Alliance Agreement | FY2026 | JX Advanced MetalsNov 9, 2026

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