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Nikkei: Japan to develop seabed mining of rare earth materials

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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 resource amount was estimated to be 1.2 —Takaya et al.

Japan 542
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FREYR Battery opens technology resources campus and business unit in Japan

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FREYR Battery, a developer of clean, next-generation battery cell production capacity, has established a technology resources campus and business unit in Japan. Japan is a global center for battery development, and consequently home to some of the most experienced and capable lithium-ion battery cell experts in the world.

Japan 150
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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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Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

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—have been selected by the Ministry for Economy, Transport and Infrastructure (METI) to receive grants under METI’s FY2018 Sustainable open Innovation Initiative (SII) to help fund “A Demonstrator Project for A Virtual Power Plant Utilizing Consumer Energy Resources (V2G Aggregator Project)”.

Japan 218
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Australia’s resources minister seeks investment from S.Korea, Japan – ET Auto

Baua Electric

Australia’s resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a “prospectus” of 52 investment ready critical minerals projects. More are expected as miners report production this week.

Japan 40
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MP Materials and Sumitomo to strengthen rare earth supply in Japan

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and Sumitomo Corporation announced an agreement to diversify and strengthen rare earth supplies in Japan. With this knowledge, SC will continue to build value added trade by utilizing the company’s enhanced management resources. US-based MP Materials Corp.

Japan 225
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Panasonic and Marubeni to establish a JV to provide fleet management services for commercial EVs in Japan

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While the adoption of EVs is gaining traction globally, there are limited numbers of use cases involving large EV fleets in Japan. Panasonic HD and Marubeni aim to provide integrated support for the introduction and operations of EVs to large fleet operators.

Japan 186