Prime Minister Sanae Takaichi has proposed coordinating critical mineral stockpiles among G7 nations and like-minded countries.
Japanese Prime Minister Sanae Takaichi pitched the plan to address vulnerabilities in supply chains.
The proposal targets coordination among the G7 group and aligned nations.
It responds to China’s strong position in critical minerals.
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Japanese Prime Minister Sanae Takaichi pledged on Saturday to deepen ties with Vietnam, focusing on energy and critical minerals in talks with Prime Minister Le Minh Hung. The leaders discussed advancing their Comprehensive Strategic Partnership established in 2023. Takaichi later urged Southeast Asian nations to strengthen regional supply chains.
Japanese Prime Minister Sanae Takaichi is considering a visit to Australia during Golden Week to affirm bilateral cooperation on stable energy supplies and rare earths amid Middle East tensions. Diplomatic sources said she expects to meet Australian counterpart Anthony Albanese to reach an agreement on critical minerals supply chains. Topics will also include safe navigation in the Strait of Hormuz and regional security.
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Japanese and South Korean officials agreed to strengthen energy security during recent talks, as worries over supplies persist in Asia because of the U.S.-Israeli war against Iran.