Okamoto Glass (7746), "Nantori Island offshore rare earth: 340 billion yen from mining to refining" reported as fueling sentiment

Okamoto Glass（7746）1173yen+163

March16day05hour00minute, Nikkei速報ニュース reported an article titled “South Nikko Island rare earths, mining → refining speed race to domestication – conditions for becoming a major power”3400billion yen, the race against time to domestication—Rare earths in the major powers①” and published it. The article notes, “The roughly 3400 billion yen needed to build a supply chain for rare earths off Minamitorishima is cheaper than the trillions required for semiconductor factories. From the perspective of economic security, securing rare earths, a globally scarce heavy rare earth, off the coast of Minamitorishima and building a domestic supply chain of a certain scale has significant meaning.”