Japan is determined to develop rare earth mines in Africa
As reported by Asahi Shimbun on February 28: The Japanese government has decided to plan the development of rare earth mines in Africa.
The primary goal of going to Africa to mine is to achieve "zero dependence" on China for some rare earths. If achieved, it is expected to resolve the risk of uncertainty in rare earth supply.
The Japan Oil, Gas and Metals National Corporation (JOGMEC) has been conducting field surveys in Namibia, southern Africa, for about 20 years, confirming sufficient reserves of "palladium" and "tantalum," which are rare in rare earths.
Currently, companies responsible for development are being bid for, with plans to advance the development of multiple mines in the future. It is said that the construction of a refining plant to remove impurities after mining is also being prepared.
Rare earths are essential for many industries, such as automobiles and home appliances. If this plan is launched, it is expected to be able to obtain supply quantities to meet domestic demand. In addition, there are production investments by Australian and French companies through JOGMEC and others to promote diversified supply.
However, during the process of mining or refining rare earths from the mine, harmful substances such as radioactive waste may be generated. There are many issues in stabilizing the supply, such as the cost burden of dealing with environmental pollution.
Original: toutiao.com/article/1858329992688841/
Statement: This article represents the views of the author himself.