Japan finds in its waters a treasure valued at more than $26 billion

Japanese researchers, supported by the Nippon Foundationmade an innovative discovery that could “improve” the economic outlook of Japan: a large reserve of rare materials valued at about $26 billion dollars.

According to what was revealed by the same Foundation, the findings correspond to more than 230 million tons of rare materials such as manganese, cobalt and nickelwhich are crucial for producing lithium-ion batteries and other high-tech applications.

In addition to all of the above, and as a key point of the discovery, it was revealed that the study area covers nearly 10 thousand square kilometers as well as a dense field of manganese nodules that can be “easily mined”.

How will this discovery benefit Japan?

The materials found are the result of a study of more than 100 sites on the seabed, of which, only some, can be up to 5,200 meters deep.

The discovery is located in the depths of the Minami-Tori-Shima Islandseveral kilometers away from Tokyo.

Regarding the consequences of this discovery, it can play a very important role in the economic outlook of Japan due to the “price” of the materials, which are valued at more than $26 billion dollars.

In addition to the above, this foundation of rare materials can also position the Japanese country as a key player in the world market for rare compounds.

This discovery strengthens Japan’s technical production capabilities.”

He Cobalt and nickel are essential in the manufacture of lithium-ion batterieswhich are used for manufacture smartphones, computers, electric vehiclesamong other electronic devices.

The high demand for this type of compounds, between 400% and 600%, could place Japan as the main option for a large number of industries that depend on this element.

The Japanese discovery will also help the country reduce dependence on importsfeed their growing industries, support their sectors and manufacture without external dependence.

However, in order to avoid ecological challenges, only 3 million tons per year are planned to be extracted.

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