Oct 29, 2026
On Wednesday, October 28, the Ministry of Economy, Trade and Industry (METI) and the German Federal Ministry for Economic Affairs and Energy signed the Joint Declaration of Intent on Critical Minerals.
Japan and the Federal Republic of Germany will promote cooperation in the field of critical minerals related to co-investment and offtakes, supply chain diversification and reinforcing supply chain resilience, responsible supply chains, and the circular economy.
Highlights of the Joint Declaration of Intent
Through this Joint Declaration of Intent, the two countries will establish a framework to deepen cooperation and promote dialogue in the field of critical minerals and will cooperate in the following areas.
- Co-Investment and Offtakes: Explore the possibility of co-investments and support companies to promote co-offtakes.
- Integration of Supply Chains: Collaboration in supply chain diversification and reinforce supply chain resilience by identifying mineral projects.
- Supply Chain Resilience: Identify potential supply chain disruptions and projects to reduce related risks and dependencies and enhance security of supply.
- Responsible Supply Chains: Explore ways to promote high ESG standards.
- Circularity: Identify projects to promote circular economy solutions, particularly with regard to critical minerals.
