Japan, Canada in talks over collaboration in battery metals supply chain | Inquirer Business

Japan, Canada in talks over collaboration in battery metals supply chain

/ 11:46 AM March 14, 2023

TOKYO  – Japan and Canada are discussing collaboration on building strong supply chains for battery metals, Japan’s industry minister, Yasutoshi N-ishimura, said on Tuesday.

A public-private mission led by Japan’s Ministry of Economy, Trade and Industry (METI) and including 16 companies that work with batteries visited Canada last week for talks on building sustainable and resilient supply chains, he said.

“Canada has an abundance of battery metals and good market access to the United States,” Nishimura told a news conference.

Article continues after this advertisement

“Canada is one of the most important countries for Japan when it comes to strengthening our supply chains of storage battery metals,” he said.

FEATURED STORIES

He declined to give details of the talks but said he would take various opportunities, including an upcoming G7 ministerial meeting, to reinforce cooperation with Canada.

As the chair of the Group of Seven nations (G7) this year, Japan will hold a ministerial meeting on climate, energy and environment in the city of Sapporo on April 15-16, ahead of a G7 summit in Hiroshima on May 19-21, to promote what it calls a realistic energy transition.

Article continues after this advertisement

Batteries are key for Japan as it strives for carbon neutrality by 2050 as they are the most important technology in the electrification of automobiles and other devices and essential for boosting the adoption of renewable energy.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Battery, Canada, Japan, metals, negotiations, supply

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.