Resource Development

The Japanese and U.S. governments are set to cooperate on developing deep-sea mud rich in rare earths off Minami-Torishima Island in Tokyo's Ogasawara Village. Ahead of a summit on Thursday in Washington between Prime Minister Sanae Takaichi and U.S. President Donald Trump, the two sides are advancing toward signing a memorandum to establish a working group on marine mineral resources. This initiative aims to secure a stable supply of critical minerals.