Japan's Sojitz expands Australian rare earth imports to diversify supply chains

The Japanese trading house will increase its intake of critical minerals from Lynas Rare Earths starting this April. This move aims to diversify supply chains.

Insights:
Sojitz Corporation announced on February 16, 2026, that it will expand its imports of Australian AUAU rare earth elements from Lynas Rare Earths Limited . The Japanese JPJP trading house will add samarium to its imports starting in April, with the goal of sourcing as many as six medium and heavy rare earths by approximately mid-2027. This move is intended to secure non-Chinese CNCN supplies of critical materials essential for the rare earths supply chain for high-tech and medical equipment.
FILE PHOTO: Blocks showing symbols and atomic numbers of Rare Earth Elements (REE) are seen in this illustration taken February 6, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Blocks showing symbols and atomic numbers of Rare Earth Elements (REE) are seen in this illustration taken February 6, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
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