US, Japan Sign Accords on Rare Earths, Nuclear Power, AI, Other Technologies

MT Newswires Live10-28

The US and Japan signed agreements Tuesday to collaborate on the supply of and processing of critical minerals and rare earths, as well as on nuclear power and other technologies, the White House and the Tokyo government said.

Under the rare earths deals, the two countries will use government and private sector support to jointly identify mining projects to address gaps in supply chains for critical minerals and rare earths, the White House said.

The US and Japan also signed a non-binding memorandum of cooperation on science and technology that includes artificial intelligence, quantum technology, biotechnology, fusion technology, and space exploration, the White House said.

In addition, the countries also agreed on joint investments in nuclear technology, including construction of small modular reactors and other facilities involving Westinghouse (WAB), GE Vernova (GEV), Bechtel, Mitsubishi Heavy Industries, Toshiba, and Hitachi, Japan said in a fact sheet.

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