Recent trend of Rare Metal Recycling in Japan is described from the viewpoints to develop the new recycling industrial system called“ Rare Metal Recovery Complex” (RMRC). The novel recycling technologies of typical wastes such as cemented carbide tools, neodymium magnets, lithium ion batteries and printed circuit boards are reviewed as well as the latest achievements of industrial applications for rare metal recycling. The necessity to organize the venous economic system is emphasized for establishing a logistic supply-chain of collection, dismantle, intermediate treatment, urban mining and re-manufacture. The first step to fulfill such an industrial development in Japan is to accomplish the domestic flow circulation of rare metals in the industrial scraps and household wastes by promoting recycling activities, followed by the next step of international development and cooperation for a sustainable resources management. The introduction to a new concept of RMRC and its concrete image are also described along with the milestone to the RMRC goal.