Prime Minister Sanae Takaichi mentioned that her administration will explore the possibility of teaming up with the US to extract rare earth minerals from the waters near Japan's easternmost island in the Pacific Ocean.
During a House of Councillors debate, Takaichi emphasized the significance of diversifying rare earth supply chains for both countries. She mentioned that Tokyo plans to explore opportunities for collaboration with Washington in resource extraction near Minamitori Island, which is uninhabited and situated approximately 2,000 kilometers southeast of Tokyo.
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The prime minister, who started his term on October 21, announced that the government intends to conduct a test of extracting clays that are thought to hold rare earths from the deep sea, approximately 6,000 meters deep.
Takaichi made comments following previous statements by Shigeru Ishiba in April about Japan's plans to start test-drilling for rare earths in the waters this fiscal year. The government aims to begin full-scale drilling in fiscal 2028.
Rare earths are necessary for producing various advanced technological products like magnets used in electric cars. Rare earth elements have been discovered in clays located in waters close to the island.
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During their initial meeting on Oct. 28 in Tokyo, Takaichi and President Donald Trump signed a pact aimed at collaborating to ensure the availability of rare earths and essential minerals to enhance economic security, particularly in light of China's dominance in rare earth production.
President Xi Jinping met with Japanese Prime Minister Takaichi Sanae last month at the request of the Japanese Prime Minister during the APEC Economic Leaders' Meeting in Gyeongju.
President Xi Jinping emphasized the close geographical proximity of China and Japan, highlighting them as crucial neighbors. The continual, positive growth of the relationship between the two countries aligns with the hopes of both their populations and the global community. China is dedicated to collaborating with Japan in upholding the agreements outlined in the four political documents between the two nations, ensuring the stability of their political ties.
The aim is to advance their mutually beneficial strategic partnership and establish a constructive and steady China-Japan relationship suitable for the modern era. President Xi Jinping emphasized that the current state of the China-Japan relationship presents both opportunities and challenges.
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He expressed a desire for the new cabinet in Japan to have a proper understanding of China, appreciate the efforts and sacrifices made by past leaders and individuals from both countries, as well as various sectors of society, and maintain a commitment to the overall goals of peace, friendship, and cooperation.