Japan plans to send a high-level delegation to Greenland this summer to assess cooperation and investment opportunities in the rare earth metals sector, Japanese media reported. Nikkei.
The delegation will consist of representatives from the Japanese Ministry of Economy, Trade and Industry, the Japan Metals and Energy Security Agency (JOGMEC), and executives from major Japanese companies. During the visit, they are expected to hold meetings with Greenland local government officials to discuss the potential for exploiting the island's mineral resources.
Japan's interest comes at a time when Greenland is increasingly attracting the attention of global powers due to its significant reserves of rare metals, essential for high-tech industries, green energy and the production of electric vehicles.
The autonomous territory of the Kingdom of Denmark has also been at the center of geopolitical discussions since Donald Trump returned to the White House. Earlier this year, the US administration signaled that it was considering options to increase its influence in Greenland, prompting reactions and concerns among European NATO allies.
In addition to its mineral wealth, Greenland is considered an area of strategic importance in the Arctic, where international competition for natural resources and new trade corridors is intensifying.
The Japanese visit is seen as part of Tokyo's efforts to ensure stable supplies of critical raw materials and reduce dependence on other dominant markets.
