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MP Materials and Sumitomo to strengthen rare earth supply in Japan

Green Car Congress

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. With this knowledge, SC will continue to build value added trade by utilizing the company’s enhanced management resources.

Japan 225
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US and Japan sign critical minerals agreement

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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.

Japan 199
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Nissan field testing new mobility services as part of building sustainable future community in Japan

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Nissan began a field test of new mobility services as part of a partnership to promote future community building in Japan. It includes home delivery of packages using “spoke” vehicle such as EV taxis and utilizing Japan Post vehicles for efficient delivery, as well as roadside station pickup of purchases from supermarkets.

Japan 243
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Neste and ITOCHU extend collaboration to make Neste MY Renewable Diesel more widely available in Japan

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Neste and ITOCHU have agreed to extend their collaboration with a licensing agreement allowing ITOCHU to become an official distributor of Neste MY Renewable Diesel in Japan. Neste and ITOCHU share a common vision of renewable fuels playing a key role in reducing greenhouse gas emissions in Japan.

Japan 199
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NEDO appoints Toyota and partners to study developing large-scale hydrogen supply chain in Chubu Region

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Japan’s New Energy and Industrial Technology Development Organization (NEDO) has appointed Sumitomo, Chiyoda, Toyota Motor, Japan Research Institute and Sumitomo Mitsui Banking to conduct a feasibility study on the receiving and distribution business of hydrogen in Chubu Region. Air Liquide Japan G.K., Toho Gas Co.,

Hydrogen 448
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Nikkei: Nidec to build $715M e-axle plant in Mexico

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The Nikkei reports that Japan-based motor maker Nidec is planning to invest an estimated ¥100 billion (US$715 million) to build an e-axle plant in Mexico. The company plans to be capable of building an annual 7 million e-axles by March 2026.

Mexico 259
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Mitsubishi Shipbuilding completes delivery of ammonia fuel supply system for large, low-speed two-stroke marine engines

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Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has completed delivery of an ammonia fuel supply system for large, low-speed two-stroke marine engines, to Japan Engine Corporation (J-ENG), a manufacturer of marine engines.

Mariner 221