The Energy Agency under the Japanese government and Toyota Tsusho will join forces to develop a rare earth project in Namibia, Africa. This will also be Japan's first rare earth project in Africa. On July 30, the Japan Energy and Metals and Mineral Resources Agency issued an announcement to invest up to 47.7 million Canadian dollars in Toyota Tsusho's rare earth project developers in Namibia, Africa. The first investment was carried out on July 23, 2026. The Japan Energy and Metals and Mineral Resources Agency is an independent administrative agency under the Japanese government. Its main responsibility is to ensure a stable supply of resources in Japan. Since 2011, the agency has participated in the development of many key overseas mineral projects through a shareholding and underwriting model, including Linus, the leading Australian rare earth company, etc., thus promoting diversification of rare earth sources in Japan.

The Energy Agency under the Japanese government and Toyota Tsusho will join forces to develop a rare earth project in Namibia, Africa. This will also be Japan's first rare earth project in Africa. On July 30, the Japan Energy and Metals and Mineral Resources Agency issued an announcement to invest up to 47.7 million Canadian dollars in Toyota Tsusho's rare earth project developers in Namibia, Africa. The first investment was carried out on July 23, 2026. The Japan Energy and Metals and Mineral Resources Agency is an independent administrative agency under the Japanese government. Its main responsibility is to ensure a stable supply of resources in Japan. Since 2011, the agency has participated in the development of many key overseas mineral projects through a shareholding and underwriting model, including Linus, the leading Australian rare earth company, etc., thus promoting diversification of rare earth sources in Japan.