President Trump on Monday signed an agreement with Japan to increase cooperation on the processing of critical minerals and rare earth materials, with an emphasis on one thing.major priority About his trip to Asia.
Trump and Japanese Prime Minister Sanae Takachi signed the agreement, which outlines how both countries are “intensifying their cooperative efforts” to speed up the processing of critical minerals.
The critical minerals agreement states that both countries will provide financial assistance for mining projects within six months. Vital minerals are used in electronics and everyday products.
The two leaders also signed an agreement vowing cooperation toward “a new golden era for the U.S.-Japan alliance.”
The signing of the critical minerals deal with Japan comes two days after the US signed agreements with Thailand, Cambodia and Malaysia outlining cooperation on the processing and export of critical minerals.
Access to critical minerals is back in the spotlight after China said earlier this month it was tightening controls on exports of the material. The issue is expected to come up later this week when Trump meets Chinese President Xi Jinping in South Korea.
