India agrees to long-term supply of rare earths for Japan

October 26, 2010

Tokyo said Tuesday that India has agreed to provide a stable supply of rare earth minerals to Japan as the high-tech economy looks to diversify sources after a spat with key provider China.

India's Prime Minister Manmohan Singh, who wound up his three-day visit to on Tuesday, made the pledge during talks with the Japanese side on Monday, industry minister Akihiro Ohata said at a news conference.

"Prime Minister Singh told us that he will cooperate in long-term supply of ," Ohata said, according to a trade ministry official.

On Monday, Singh met Prime Minister Naoto Kan, Ohata and other Japanese officials and agreed to broadly cooperate in rare earth deals.

In a statement, the premiers "decided to explore the possibility of bilateral cooperation in development, recycling and re-use of and rare metals and in research and development of their industrial substitutes."

On Sunday, Ohata met China's commerce minister in Tokyo and urged Beijing to normalise rare earth exports after Japan said shipments were blocked during a diplomatic row sparked by the arrest of a Chinese trawlerman in disputed waters.

Japan's stockpile of rare earth minerals, used in the manufacture of high-tech goods, could be exhausted by March or April without fresh imports from China, officials have said.

China, which controls more than 95 percent of the global market, has repeatedly denied it curbed exports in retaliation over the dispute, but all 31 Japanese companies handling the minerals have reported disruption to shipments.

Japanese Foreign Minister Seiji Maehara said Tuesday that he wants to raise the issue if he meets his Chinese counterpart on the sidelines of a 16-nation Asian summit in Vietnam later this week.

Explore further: Traders: China halts rare earth exports to Japan

Related Stories

Traders: China halts rare earth exports to Japan

September 24, 2010

(AP) -- China has halted exports to Japan of rare earth elements - which are crucial for advanced manufacturing - trading company officials said Friday amid tensions between the rival Asian powers over a territorial dispute.

Japan: China rare-earth ban could hurt economy

September 28, 2010

(AP) -- China's ban on shipments to Japan of rare-earth metals that are crucial for advanced manufacturing threatens to undermine the Japanese economy, a top finance official said Tuesday amid a territorial row between the ...

Traders: China resumes rare earth exports to Japan

September 29, 2010

(AP) -- Beijing has apparently told Chinese companies they can resume exports to Japan of rare earth minerals used in high-tech products but is holding up shipments with tighter customs inspections, two Japanese trading ...

Google urged to drop China name for disputed isles

October 14, 2010

Japan said on Thursday that Internet giant Google should drop from its map service the Chinese name for a disputed island chain at the centre of a bitter feud between Tokyo and Beijing.

China denies cartel-like behaviour on rare earths

October 19, 2010

A senior Chinese trade official on Tuesday denied the country was dictating prices of rare earth metals to the world and insisted shipments of the minerals to Japan were never blocked.

Recommended for you

On soft ground? Tread lightly to stay fast

October 8, 2015

These findings, reported today, Friday 9th October, in the journal Bioinspiration & Biomechanics, offer a new insight into how animals respond to different terrain, and how robots can learn from them.

University team's robot inspired by jumping spider

October 8, 2015

Special insights and observations about how animals move, handle danger and preserve energy are not only interesting but valuable to scientists in the field of robotics. One such contribution of animal-like robotic movement ...

AI machine achieves IQ test score of young child

October 6, 2015

Some people might find it enough reason to worry; others, enough reason to be upbeat about what we can achieve in computer science; all await the next chapters in artificial intelligence to see what more a machine can do ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.