Japan and US are reportedly set to agree on the joint development of rare earths, copper, and lithium at a summit next Thursday, Nikkei sources report

Japan and US are reportedly set to agree on the joint development of rare earths, copper, and lithium at a summit next Thursday, Nikkei sources report.

The reported agreement between Japan and the US on jointly developing rare earths, copper, and lithium signals a strategic collaboration to secure critical materials, potentially reducing dependency on China. This move could impact supply chains and pricing in the metals space, particularly with rising demand driven by green technologies. Watch for potential market reactions in commodities, especially copper and lithium, as well as implications for geopolitical relationships in the region.