Japan to begin seabed rare earth extraction in 2025 to curb China dependence ...Middle East

In brief:

The project, aimed at reducing dependence on China for critical minerals used in electric vehicles and electronics, was originally set for 2024 but was delayed due to a late pipe delivery.

Location: Pacific Ocean, approximately 1,900 km southeast of Tokyo, near Minami-Torishima IslandResources: Mud rich in rare earths, including cobalt and nickelTimeline: Extraction to begin in early 2026Strategic Goal: Diversify Japan’s supply chain for rare earths, currently dominated by China This article was written by Eamonn Sheridan at www.forexlive.com.

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