politics

Shin-Etsu to Build New Rare-Earth Refinery in Fukui Prefecture

11 Haziran 2026Japan Times

Shin-Etsu Chemical is set to establish a new rare-earth refinery in Fukui Prefecture, marking its third such facility in the region. This initiative aims to bolster the company's supply chain for rare-earth-related products and magnets.
A spokesperson emphasized the importance of this expansion in ensuring a stable supply.
Rare-earth elements are essential for various high-tech applications, including electronics, electric vehicles, and renewable energy technologies. The global supply chain for these materials has faced disruptions, prompting companies like Shin-Etsu to invest in local production capabilities to mitigate risks.
The establishment of a new rare-earth refinery by Shin-Etsu reflects a growing trend among companies to secure critical supply chains amid increasing global demand for rare-earth materials. As nations strive for technological independence, particularly in sectors like electronics and renewable energy, such investmen…

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