Exclusive: Katayama envisions creating market of democracies with US, Europe

20260109N Katayama interview

Japanese Finance Minister Satsuki Katayama said China’s ability to control rare earth supplies creates uncertainty for Japanese businesses. (Photo by Manami Yamada)

TAISHU YUASA

January 10, 2026 03:45 JST

TOKYO — Japan should work with the U.S. and Europe to build a supply chain for rare earths and stop China from using the critical minerals as an economic weapon, Japanese Finance Minister Satsuki Katayama told Nikkei.