Japan, Canada in talks over collaboration in battery metals supply chain
2023.03.13 23:17
© Reuters. FILE PHOTO: Japan’s Economy Minister Yasutoshi Nishimura attends a joint news conference with Tokyo Governor Yuriko Koike and other panel members after their talks on the latest situation of the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan Jul
TOKYO (Reuters) – Japan and Canada are discussing collaboration on building strong supply chains for battery metals, Japan’s industry minister, Yasutoshi Nishimura, 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.
“Canada is one of the most important countries for Japan when it comes to strengthening our supply chains of storage battery metals,” he said.
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.
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.
