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Mineral Supply Chain Deal to be Signed by Japan with US Contingent on Electric Vehicle Tax Cut – Minister

Japan will sign a mineral supply chain agreement with the United States that will provide US tax incentives for electric vehicles made from metals processed in Japan, Commerce Minister Yasutoshi told reporters on Tuesday. Nishimura.

Last June, the United States announced the conclusion of 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.

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