Federal News
US and Japan Launch Critical Minerals and Investment Initiatives
March 22, 2026
The United States and Japan have jointly launched a comprehensive critical minerals action plan and announced over $100 billion in strategic investments focused on enhancing supply chain resilience, energy infrastructure, defense capabilities, and advanced technology collaboration in the Indo-Pacific region. This includes targeted efforts to develop deep-sea mineral resources near Japan's Minamitorishima Island, significant investments in nuclear and natural gas power plants across multiple U.S. states, and expanded defense production in Japan. Concurrently, global critical minerals markets are experiencing heightened geopolitical tensions and supply constraints, underscoring the urgency of securing diversified and trusted supply chains for minerals such as cobalt, tungsten, and uranium.
- Key agencies involved: United States Trade Representative (USTR), Department of War, Defense Logistics Agency (DLA), and Japanese Government are coordinating to implement strategic trade policies and investment agreements.
- Major contracts: Include a $73 billion second tranche of Japanese investments in U.S. energy infrastructure (nuclear and natural gas plants in Alabama, Tennessee, Pennsylvania, Texas) and a $36 billion first tranche covering natural gas and industrial mineral projects.
- Why this matters: Procurement professionals should anticipate increased opportunities in critical minerals sourcing, energy infrastructure development, and defense-related technology projects driven by these bilateral initiatives.
- Actionable insights: Companies specializing in mining, energy infrastructure, and advanced technologies such as AI and quantum computing should evaluate partnership and bidding prospects aligned with these investments. Additionally, supply chain managers must consider geopolitical risks and diversification strategies amid global mineral market volatility.
The initiatives are aimed at expanding market access for U.S. agriculture, accelerating Japanese investment in U.S. industry and enhancing bilateral cooperation across critical supply chains, energy, emerging technologies and defense.
— White House
The United States and Japan are taking an important step to expand the production and diversity of critical minerals, laying the foundation for a binding plurilateral agreement supported by price floors and other measures.
— Jamieson Greer, US Trade Representative Ambassador
Agencies
United States Trade Representative, Department of War, Defense Logistics Agency, Government of Japan
Vendors
Atlantic Lithium Ltd., Virtus Minerals Inc., KoBold Metals, GE Vernova Hitachi
Contracts
$73 billion, $36 billion,
Locations
Sources
- US-Japan deal targets supply chains, backs deep-sea minerals push · Mining Weekly · Mar 20
- US, Japan Announce Investments, Defense & Tech Initiatives · ExecutiveGov · Mar 20
- The Critical Minerals Report (03.22.2026): Building a โCritical Minerals NATOโ, Iran Shockwaves, and CobaltโTungstenโUranium as Barometers of Global Turbulence - InvestorNews · InvestorNews · Mar 22