Green Car Congress
DECEMBER 27, 2022
The Nikkei reports that in 2024, Japan will begin to extract rare earth materials for electric vehicles and hybrids from sea bottom mud in an area off Minami-Torishima Island, a coral atoll in the Pacific Ocean about 1,900 kilometers southeast of Tokyo. The government’s aim is to reduce the country’s reliance on China for rare earth metals.
Green Car Congress
FEBRUARY 22, 2023
and Sumitomo Corporation announced an agreement to diversify and strengthen rare earth supplies in Japan. Further, the companies will collaborate on the supply of rare earth metals and other products. US-based MP Materials Corp. China is the world’s leading producer. SC has a long history in the rare earth industry.
Green Car Congress
MARCH 29, 2023
United States Trade Representative Katherine Tai and Japan’s Ambassador to the United States, Tomita Koji, signed a critical minerals agreement. The agreement builds on the 2019 US-Japan Trade Agreement and will strengthen and diversify critical minerals supply chains and promote the adoption of electric vehicle battery technologies.
Green Car Congress
SEPTEMBER 18, 2022
Woodside Energy; Japan Oil, Gas and Metals National Corporation (JOGMEC); Marubeni Corporation; Hokuriku Electric Power Company; The Kansai Electric Power Co.; In last year’s study, the parties sought to address the feasibility of establishing a supply chain in relation to economics and CO 2 emission reduction.
Green Car Congress
SEPTEMBER 4, 2023
The Nikkei reports that Japan and the UK are set to make joint investments in critical minerals in Africa and other places. The two countries will also establish a framework for discussing economic security at the ministerial level, with a focus on supply chains. billion) in public and private green investment.
Green Car Congress
APRIL 16, 2023
Idemitsu Kosan, one of Japan’s leading producers and suppliers of energy, has launched a feasibility study of clean hydrogen production in Japan generated from waste, including municipal waste. The hydrogen production now being considered by Idemitsu and HC will use waste discharged in Japan, including municipal waste, as raw material.
Green Car Congress
JULY 4, 2023
In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.
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