Japan Ventures Overseas for Rare Earth Mining Development

Economy | February 28, 2026
Foreign Investment Rare Earth Elements Mining Japan Resource Management Government Initiative

Amid rising global demand for technology, the Japanese government has announced plans for overseas development of rare earth mines, according to local media reports. These elements, essential to the manufacturing of various electronics and green technology, have been an enduring demand point for Japan. The location and timelines of the projects remain unclear at this stage. The government is set to unveil more comprehensive details in the coming months.

Japan has been heavily reliant on imported rare earth elements, mainly from China. The move to develop overseas mines is seen as strategic to reduce this dependency, improve energy security, and fulfill the country's technological needs. It represents a significant step in Japan's long-term planning and reflects the serious consideration of the country’s energy needs and economic interests.

The US and EU have also recognized the strategic importance of rare earth elements, with similar initiatives underway in both regions. The US, for instance, signed a deal with Australia in 2019 aimed at securing a reliable supply of these vital components. Both regions share Japan's concerns about over-reliance on a few sources for these critical resources and have taken steps to diversify their supply chains.

Information for Your Country

For readers interested in the global rare earth elements market and foreign investments, consider visiting international trade and investment information sites such as OECD or World Economic Forum.