China’s dependence on Japan’s rare earth imports (2018)
(Source) Created by the Agency for Natural Resources and Energy from the Ministry of Finance Trade Statistics
Japan: Priority examination of rare earths by the Foreign Exchange Law: 34 kinds of minerals
Japan:
The government is strengthening economic security.
Ministry of Finance:
August 18, Priority examination target for foreign investment under the revised Foreign Exchange Law (core industry)
Announced that it will add industries related to important mineral resources such as rare earths.
Strengthening management of important mineral resources:
Prevent “anxiety about the supply of mineral resources from becoming a weakness in the corporate supply chain”.
The target is 34 kinds of mineral resources such as rare earths, cobalt, and titanium.
Engaged in these mineral resources,
Metal mining and resource research vessel manufacturing,
Add related industries of mineral component analysis industry.
Nihon Keizai Shimbun
https://www.nikkei.com/article/DGXZQOUA188GV0Y1A810C2000000/
-Added core industries of the Foreign Exchange Law (revised notification)-
〇The following industries related to 34 ore species of important mineral resources such as rare earths
i) Metal mining
Including operation of resource research vessels and surveying
ii) Equipment used for the purpose of metal mining, etc.
Resource research vessel / spacecraft,
Marine equipment,
Manufacturing industry such as excavators,
Repair industry,
Software industry
iii) Mineral component analysis business
〇 Specified remote islands (Note 2) Construction industry, etc. to improve port facilities, etc. to enable smooth activities of vessels conducting surveys of important mineral resources (Note 1)
Note 1
Industries that require prior notification for inward foreign direct investment, etc. by foreign investors (non-residents, foreign companies, etc.) or specific acquisitions (designated industries)
Note 2
The remote islands (Okinotorishima, Minamitorishima) specified by Cabinet Order based on the Low Tide Line Conservation Law are particularly necessary to improve the facilities that serve as activity bases.