- Japan will invest $250 million to secure alternative supply chains for critical minerals like rare earths.
- The funding, managed by JOGMEC, aims to support Japanese firms in overseas mining and refining projects.
- Japan is also allocating $12 million to boost exports of marine products, following a recent resumption of imports after a two-year suspension by China.
A: Hey Hana! Did you hear anything about the government's budget?
B: Oh, hi Kenji! No, what's up?
A: They’re putting a lot of money into getting minerals from different places. Like, 39 billion yen!
B: Wow, that's a lot! Why are they doing that?
A: China is making it harder to get some materials we need. They're limiting exports.
B: Seriously? That sounds stressful for Japanese companies. Are they worried?
A: Yeah, they’re worried they won’t have enough. It’s about things like rare earth elements.
B: Okay, so the government is helping them out?
A: Exactly! They're using a special fund to support companies that find or process minerals overseas. It's through this group called JOGMEC.
B: That's good to know. Anything else?
A: They're also trying to help seafood companies. China stopped buying our fish for a while, remember?
B: Oh yeah! That was tough. They’re trying to find new markets now?
A: Yep! They’re setting aside money to help them export more. 2 billion yen!
B: That's great news! Hopefully, things will get better.
- The funding, managed by JOGMEC, aims to support Japanese firms in overseas mining and refining projects.
- Japan is also allocating $12 million to boost exports of marine products, following a recent resumption of imports after a two-year suspension by China.
A: Hey Hana! Did you hear anything about the government's budget?
B: Oh, hi Kenji! No, what's up?
A: They’re putting a lot of money into getting minerals from different places. Like, 39 billion yen!
B: Wow, that's a lot! Why are they doing that?
A: China is making it harder to get some materials we need. They're limiting exports.
B: Seriously? That sounds stressful for Japanese companies. Are they worried?
A: Yeah, they’re worried they won’t have enough. It’s about things like rare earth elements.
B: Okay, so the government is helping them out?
A: Exactly! They're using a special fund to support companies that find or process minerals overseas. It's through this group called JOGMEC.
B: That's good to know. Anything else?
A: They're also trying to help seafood companies. China stopped buying our fish for a while, remember?
B: Oh yeah! That was tough. They’re trying to find new markets now?
A: Yep! They’re setting aside money to help them export more. 2 billion yen!
B: That's great news! Hopefully, things will get better.
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Summary
Japan is investing $250M (¥39B) via JOGMEC to secure critical mineral supply chains (like rare earths) amid export restrictions. Also allocating $12M (¥2B) to boost marine product exports after China resumed imports. #Japan #Minerals #Exports
Reading History
| Date | Name | Words | Time | WPM |
|---|---|---|---|---|
| 2026/01/20 07:54 | Anonymous | 236 | 113s | 125 |
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ID: 072c658f-e34b-4ac8-b12b-6484618beb11
Category ID: listed_summary
URL: https://www3.nhk.or.jp/nhkworld/en/news/20260119_22/#summary
Date: Jan. 19, 2026
Notes: NHK News Summary - 2026-01-19
Created: 2026/01/20 04:40
Updated: 2026/01/20 07:54
Last Read: 2026/01/20 07:54