Large amount of rare metals found in Japan

Apr

13

2018

At the bottom of the ocean near Japan, scientists have found a large amount of rare earth metals that are used for batteries, LEDs and monitors, among other things. The find can reduce dependence on China for the reduction of these earths.

The stocks were found near the island of Minamitori, about 1850 kilometers southeast of Tokyo. It concerns an area with an area of ​​more than 2500 square kilometers, where more than 16 million tons of rare earths can be extracted.

According to a study published in Scientific Reports, the supply of yttrium is sufficient to meet 780 years of current demand . For europium, terbium and dysprosium these periods are successively 620, 420 and 730 years. Rare earth metals are needed for many technological products, such as batteries, wind turbines, LEDs, monitors and medical equipment.

The Wall Street Journal describes that thanks to its stocks, China determines the prices for rare earths and that the find makes Japan, and other countries, potentially less dependent on its neighbor. Winning the earth is still a problem as it is in the mud of the ocean, at a depth of more than 5000 meters. Japan hopes to complete a feasibility test within five years.

Japan rare earth metal finds 2018

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