Japan Strengthens Critical Minerals Cooperation With Peru

At the recent APEC summit in Peru, Japan and Peru agreed to cooperate on building resilient supply chains for critical minerals.

Japanese Prime Minister Shigeru Ishiba (L) bows to children waving Japanese and Peruvian national flags upon his arrival for a meeting with members of the Peruvian–Japanese community at the Peruvian Japanese Association in Lima, Peru, on Nov. 17, 2024. Ernesto Benavides/AFP via Getty Images

Japan and Peru have agreed to partner in critical minerals mining—which would strengthen supply chains for both countries by using Japanese technology—amid China’s growing influence in South America.

This agreement was announced on Nov. 17 during the Asia-Pacific Economic Cooperation (APEC) summit, where Japanese Prime Minister Shigeru Ishiba and Peruvian President Dina Boluarte unveiled a 10-year roadmap of strategic cooperation.