US, Japan strike deal on supply of minerals for EV batteries mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
TOKYO (AP) Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to ensure secure supplies of strategically important resources. The deal due to be signed later Tuesday is expected to help electric vehicles using metals processed in Japan qualify for tax […]
Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to ensure secure supplies of strategically important resources.
US officials argue China’s dominance of the global car battery industry, including processing minerals needed to make batteries, leaves the US highly vulnerable.
The signed agreement between Japan and the US may help Japan with the Inflation Reduction Act. The US and Japan have struck a deal for battery minerals, as reported by Reuters.