
US-Japan Rare Earths Mining Deal to Counter China
US & Japan collaborate to mine rare earth minerals near Minamitori Island, aiming to reduce reliance on China. This follows easing of Chinese export restrictions and US tariff suspensions.

US & Japan collaborate to mine rare earth minerals near Minamitori Island, aiming to reduce reliance on China. This follows easing of Chinese export restrictions and US tariff suspensions.

The US DOE plans nearly $1B in funding for critical minerals mining, processing, and manufacturing, aiming to strengthen domestic supply chains for energy, defense, and industrial competitiveness. Rare earth elements and battery materials are key.