Japan and Saudi Arabia Seek Joint Investment in Rare Earth Minerals

Japan’s Nikkei newspaper reported Wednesday that Japan and Saudi Arabia are seeking joint investment in rare earth minerals.

Japanese Prime Minister Fumio Kishida and Saudi Crown Prince Mohammed bin Salman are expected to agree on Sunday to jointly invest in developing rare earth minerals.

Japan will also help accelerate the development of resources already mined in Saudi Arabia, such as copper, iron, and zinc, according to Reuters.