News On Japan

Can Japan Become a Rare Earth Power?

TOKYO - Japan’s ambitions to become a rare earth powerhouse are gaining attention as China tightens its grip on global supply chains. Despite a mid-June agreement between the U.S. and China, rare earth supplies remain constrained, and Japan’s enterprises—alongside global manufacturers—continue to face uncertainty.

China's decision to restrict the export of seven key rare earth elements in April has been widely viewed as a geopolitical move to exert leverage in negotiations, particularly against the United States. While Chinese authorities claim export applications are still accepted, the high bar for approval has effectively choked off supply. The affected elements, including dysprosium and terbium used in high-performance magnets, are essential to electric vehicles (EVs), wind turbines, and advanced defense systems.

According to Tomoji Ohara of the Sasakawa Peace Foundation, China’s strategy is clear: by controlling rare earths, it maintains leverage over countries like the U.S. and its allies. “This is not about whether China can extract the resources—it's about who they let access them,” he said.

The impact is already visible. American automakers have reported production delays due to material shortages, while Japanese companies face canceled deals because of newly imposed documentation requirements by Chinese exporters.

Yet Japan may have a solution beneath its own waters. A Japanese research team led by University of Tokyo Professor Kentaro Nakamura discovered in 2012 that the seabed around Minamitorishima, Japan’s easternmost island, contains mud rich in rare earth elements—potentially hundreds of years’ worth of global demand. Initial surveys show that this deep-sea mud contains all seven of the rare earths currently under Chinese export control, and in far higher concentrations than land-based sources.

“Even a small section of the Minamitorishima area contains over 16 million tons of rare earth-rich mud,” said Nakamura. “If the entire Exclusive Economic Zone is surveyed, Japan could possess the world’s largest reserves.”

Still, the technological and financial hurdles are significant. Extracting resources from 6,000 meters below the ocean surface is no simple task. Japan has already tested systems capable of collecting seabed mud at 2,000 meters, and this fiscal year, it plans to attempt a 6,000-meter test near Minamitorishima. A consortium involving government agencies and engineering firms such as Toyo Engineering is developing specialized equipment to stir and pump the high-viscosity mud to the surface.

Unlike China’s land-based deposits, which are associated with radioactive elements such as thorium, Japan’s seabed mud is free of harmful byproducts. This gives Japan a significant environmental advantage, as it can extract and refine rare earths domestically without the complications posed by radiation regulations.

China’s interest in the region is intensifying. Two of its aircraft carriers were recently spotted sailing near Minamitorishima within Japan’s EEZ. Satellite and maritime tracking reveal that China is actively surveying the seafloor in nearby areas and has already obtained exploration rights for polymetallic nodules from international bodies.

Chinese state media continues to question Japan’s sovereignty over remote islands like Minamitorishima, suggesting that Japan may not have full rights to exploit resources within its surrounding waters. If China begins large-scale deep-sea mining, it could challenge Japan not only economically, but also geopolitically.

Yutaka Yoshitake, editor of Rare Metal Weekly, warned that Japan’s delay in resource development could allow China to establish dominance in deep-sea extraction as well. “If China proves its capability first, it will set the international precedent,” he said.

Nakamura emphasized that Japan must act now while it still has technical and industrial capacity. “The entire value chain still exists in Japan—from extraction to magnet production to end-use industries. This is a rare opportunity.”

For now, Japan faces a critical choice: whether to continue evaluating the economic viability of deep-sea mining or to treat it as a strategic national project worth subsidizing. Experts stress that without strong state backing, private companies are unlikely to shoulder the cost and risk of developing such unprecedented technologies.

The stakes are high. Rare earths are not only essential to next-generation EVs and renewable energy but are also crucial to military and aerospace technologies.

Source: TBS

News On Japan
POPULAR NEWS

Record-breaking torrential rain struck Toyama and Ishikawa prefectures on August 27, prompting the highest-level emergency warnings as rivers overflowed, roads flooded, vehicles became submerged and power and transportation services were disrupted across the Hokuriku region.

A 9-minute, 13-second drone video filmed inside Aeon Mall Kumamoto two days after the deadly explosion has provided a detailed view of the destruction, showing collapsed ceilings, heavy dust and widespread damage that may have affected between one-third and nearly half of the shopping center.

Strong Typhoon No. 18 was moving northwest through the East China Sea on the night of August 26, gradually pulling away from Okinawa and the Amami Islands as lingering rain, strong winds and high waves were expected to ease. As of 9 p.m. on August 26, the typhoon was over waters north-northwest of Kume Island and moving northwest.

A series of mysterious illegal dumping incidents involving about 39 kilograms of sliced bread has been reported around Mount Daisen and other parts of Tottori Prefecture in August, with officials investigating whether the food may have been deliberately placed to attract wild animals.

An 85-year-old couple have donated a combined 400 million yen to Osaka City with a request that the money be used to create a giant Myaku-Myaku statue about 20 meters tall at the former site of the Osaka-Kansai Expo, envisioning a landmark that could become a lasting symbol of the event and of renewed prosperity for Kansai and Japan.

MEDIA CHANNELS
         

MORE Business NEWS

Tokyo stocks slipped on August 27, with the Nikkei 225 closing at 66,131.98, down 130.18 points, as early buying in artificial intelligence and semiconductor-related shares following Nvidia’s strong earnings forecast faded into profit-taking, while the broader TOPIX edged higher for a sixth straight session.

Seven-Eleven Japan and Yamato Transport announced on August 26 that they will introduce self-service shipping machines allowing customers to send parcels without lining up at a staffed checkout counter.

Tokyo stocks rose on August 26, with the Nikkei 225 closing at 66,262.16, up 405.73 points, or 0.62%, as investors bought back selected semiconductor and financial shares, although trading was thin ahead of Nvidia’s earnings and uncertainty remained over artificial intelligence valuations, the yen and Bank of Japan policy.

Tokyo stocks fell on August 25, with the Nikkei 225 closing at 64,980.53, down 0.8%, as investors sold semiconductor and electronics shares ahead of Nvidia’s earnings while a weak yen, elevated bond yields and renewed U.S. pressure on Iran kept risk appetite subdued.

Japan's traditional neighborhood public baths are struggling with rising fuel, labor and operating costs, but unlike most businesses they cannot freely raise prices because admission fees remain regulated under a postwar price-control law introduced in 1946.

Tokyo stocks fell on August 24, with the Nikkei 225 closing at 65,528.09, down 488.27 points, or 0.74%, as global bond-yield pressure and caution ahead of Nvidia’s earnings triggered selling in artificial intelligence and semiconductor-related shares, even as the broader TOPIX edged higher.

Suzuki has unveiled a prototype of its first kei-class electric vehicle, the e SKY, which is scheduled to go on sale during the current fiscal year with a driving range of 310 kilometers, among the longest offered by a domestically produced kei EV.

Following the fare revision, a labor union representing taxi drivers in the prefecture and other groups held a news conference calling for the proportion of operating revenue paid to drivers to be raised from its current level to at least 60%.