Advancing efforts to identify further opportunities to partner with Japan on critical minerals projects under the Future Made in Australia agenda will be a focus of Federal Minister for Resources and Northern Australia, Madeleine King’s, impending trip to Japan.
Ms King will meet with executives from some of Japan’s largest companies and will deliver a keynote address in Nagoya at a major Joint Business Conference, which brings together major Japanese and Australian business leaders.
“Japan is one of Australia’s most trusted and valued trading partners, and Australia is rock solid in its commitment to remain a reliable and stable source of resources and energy,” Ms King said.
“At the same time, the transition to net zero creates new opportunities to deepen ties in critical minerals projects under our $22.7 billion investment in a Future Made in Australia.”
Under the Japan-Australia Critical Minerals Partnership, both countries are committed to delivering on their net zero targets by building secure supply chains for critical minerals.
The Australia-Japan Joint Business Conference is the formal business connection between Australia and Japan.
Japan’s largest companies and trading houses are significant investors in Australia’s resources and energy sectors.
Japan is Australia’s second-largest trading partner, with two-way trade worth more than $120 billion in 2023.
Exports to Japan, including LNG, iron ore and coal, were worth $90 billion in 2023, while total Japanese investment in Australia was worth $265 billion in 2023.
This is Ms King’s third visit to Japan.
