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Published by Global Banking & Finance Review®
Posted on March 31, 2026
1 min read
Japan, France to Sign Rare Earths Roadmap and Launch Joint Mineral Projects
Japan and France Collaborate on Critical Minerals and Technology Initiatives
Agreement on Rare Earths Roadmap
April 1 (Reuters) – Japanese Prime Minister Sanae Takaichi and French President Emmanuel Macron are set to agree to create a roadmap for diversifying supplies of rare earths and other critical minerals, the Nikkei reported on Wednesday.
Joint Statement and Concerns Over Export Restrictions
The report said that a joint statement will be issued by the two leaders, which will express concern over export restrictions on critical minerals.
Public-Private Project in France
Refining Heavy Rare Earths for Electric Vehicle Motors
The Japanese and French governments aim to start a public-private project in southwestern France at year-end to refine heavy rare earths used in electric vehicle motors and other technologies, the Nikkei report said.
Broader Cooperation in Space Technology
Memorandums of Understanding on Joint Projects
Space Debris Removal and Rocket Launches
The countries will also seek cooperation in space, with Japanese and French companies expected to sign memorandums of understanding on 12 joint projects, including space debris removal and rocket launches.
(Reporting by Nichiket Sunil in Bengaluru; Editing by Shailesh Kuber)

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