Japan Challenges China with Rare Earth Metal Extraction from Seabed by 2024

Two of the clear strategic playing fields for competitive advantage are the future of battery production and high-performance computational capabilities. In both cases, rare earth minerals¬† – crucial to the production of everything from semiconductors to electric vehicle (EV) batteries –¬† are the critical risk factor in the future of a green global economy and emerging technologies. Geography and geopolitics matter when it comes to sourcing these materials, especially any future supply chain dependencies on other countries, including potential adversaries.¬† Japan is getting its own strategic house in order – and is stepping up its efforts to access regional rare earth resources in a bid to challenge China on a variety of fronts.