Japan and South Korea Develop Strategies to Secure Critical Minerals
Japan and South Korea are implementing comprehensive frameworks to secure access to critical minerals essential for their export-driven economies, particularly in semiconductors and electronics. Both countries have established economic security frameworks linking mineral access to economic growth. Japan has created an economic security section within its National Security Secretariat and enacted the Economic Security Promotion Act. South Korea has revamped its National Security Council, focusing on emerging security issues. These strategies aim to reduce dependence on China, which dominates the critical mineral supply chain, and to diversify imports through recycling and public-private partnerships.