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Rare Earth Find Beneath Japan's Seas Could Fuel Economy for a Decade

2 hours ago

Rare Earth Find Beneath Japan's Seas Could Fuel Economy for a Decade
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7 Highlights

  • Japan finds $26 billion in rare minerals near Minami-Tori-shima.
  • Cobalt and nickel crucial for EV batteries discovered in seabed.
    • Survey by Nippon Foundation and University of Tokyo locates nodules.
    • Japan's deposits can sustain economy and reduce import dependency.
    • Extraction plans by 2025 aim to limit marine environmental impact.
    • Discovery boosts Japan's science-technology and oceanic ambitions.
    • University of Tokyo supports domestic supply chain development.
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