Japan to sign mineral supply chain agreement with US, subject to EV tax cut -minister
9:18 pm Monday, March 27th, 2023
TOKYO (Reuters) – Japan will sign a mineral supply chain agreement with the United States that will give U.S. tax incentives for electric vehicles made with metals processed in Japan, trade minister Yasutoshi Nishimura told reporters on Tuesday.
The U.S. last June announced a multinational pact called Minerals Security Partnership with Japan, Canada and other countries aimed at securing the supply of critical minerals such as nickel, lithium and cobalt.
(Reporting by Kantaro Komiya; Editing by Tom Hogue)
