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Japan finds rare earths in Pacific seabed

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  • Japan finds rare earths in Pacific seabed

    Japanese researchers say they have discovered vast deposits of rare earth minerals, used in many hi-tech appliances, in the seabed.

    The geologists estimate that there are about a 100bn tons of the rare elements in the mud of the Pacific Ocean floor.

    At present, China produces 97% of the world's rare earth metals.

    Analysts say the Pacific discovery could challenge China's dominance, if recovering the minerals from the seabed proves commercially viable.

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    http://www.bbc.co.uk/news/world-asia-pacific-14009910
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