Issue 7
Joint Australia–Japan Project Aims to Diversify Critical Minerals Supply Chains
On June 11, 2025, Australia and Japan announced a A$20 million joint investment in a rare earth and critical minerals processing facility in New South Wales. The project aims to reduce dependence on Chinese supply chains and is part of a broader 2022 bilateral pact on Indo-Pacific mineral cooperation. Target minerals include neodymium, praseodymium, and scandium—key inputs for EVs, wind turbines, and defense tech. The selected site offers quality deposits, solid infrastructure, and a strong environmental framework. Funds will support feasibility studies, pilot processing, and engagement with local and Indigenous stakeholders. The initiative is expected to boost regional development and leverage Japanese expertise in advanced materials.