AGP Executive Report
Last update: 8 hours agoCritical Minerals: China says its export controls on Japan are intended to prevent remilitarization, as Tokyo seeks U.S. help over restrictions and a looming shortage of yttrium, a mineral used in industry. Semiconductors: Japan will invest an additional ¥400 billion in chipmaker Rapidus, while TSMC plans to make 3-nanometer chips at a second Japanese factory, with investment topping $23 billion. September exports rose 16.7%, powered by AI-chip demand. Shipbuilding: Mitsubishi Heavy Industries plans to invest $660 million to expand shipbuilding capacity in Japan. Low-Carbon Steel: JFE Steel has produced iron using fossil-free hydrogen, a step toward cleaner industrial production.
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