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Minamitori Island mud volcano vast rare earth deposits

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  • Minamitori Island mud volcano vast rare earth deposits

    A rare ancient mud volcano part of Japan in the Pacific has a vast deposit of rare earth metals (including important Yttrim) worth unimaginable wealth to meet the world's demand in the technology and electronics industry. China previously controlled 95% of the world's rare earth resources, but no more. The article does not describe it as a mud volcano, but that is what it is. A mud volcano is caused by the pressure of continental drift, and pressure built up in deep earth quake zones.

    Source: https://www.cnn.com/2018/04/16/asia/japan-rare-earth-metals-find-china-economy-trnd/index.html



    Mud in this small Japanese island could change the global economy


    (CNN)A small island in the Pacific Ocean is the site of a huge discovery that could change Japan's economic future. How huge? One economist called it a "game changer." The researchers who helped find it said it had "tremendous potential."

    It's mud. A whole bunch of mud -- an estimated 16 million tons, to be exact. And in that mud, there are massive, "semi-infinite" stores of valuable rare earth minerals.

    Rare earth minerals contain rare earth elements (located here on the periodic table) that are used in high-tech devices like smartphones, missile systems, radar devices and hybrid vehicles. For instance, yttrium, one of the metals included in this recent discovery, can be used to make camera lenses, superconductors and cell phone screens.
    According to a new paper published by a team of Japanese researchers, this huge patch of mineral-rich deep sea mud lies near Minamitori Island, a small island 1,200 kilometers (790 miles) off the coast of Japan.

    The 16 million tons of materials could contain 780 years worth of yttrium, 620 years worth of europium, 420 years worth of terbium, and 730 years worth of dysprosium. In other words, according to the paper, it "has the potential to supply these materials on a semi-infinite basis to the world."
    That alone is a pretty big deal, but it becomes even more significant given the current supply and demand of rare earth metals.

    According to the US Geological Survey, while the minerals are relatively abundant, they have "much less tendency to become concentrated in exploitable ore deposits," making a find of this scale even more important.
    "Most of the world's supply of (rare earth elements) comes from only a handful of sources," a USGS report said, adding the long-term shortage or unavailability of the substances "would force significant changes in many technological aspects of American society."

    © Copyright Original Source

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    Hotspur: Why, so can I, or so can any man;
    But will they come when you do call for them? Shakespeare’s Henry IV, Part 1, Act III:

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  • #2
    does this mean my iphone XI will be cheaper?

    Comment


    • #3
      Originally posted by Sparko View Post
      does this mean my iphone XI will be cheaper?
      No, but Japan will be unbelievably richer due to this, if you can even imaging that.
      Glendower: I can call spirits from the vasty deep.
      Hotspur: Why, so can I, or so can any man;
      But will they come when you do call for them? Shakespeare’s Henry IV, Part 1, Act III:

      go with the flow the river knows . . .

      Frank

      I do not know, therefore everything is in pencil.

      Comment


      • #4
        Originally posted by shunyadragon View Post
        No, but Japan will be unbelievably richer due to this, if you can even imaging that.
        I can only imagine.
        The first to state his case seems right until another comes and cross-examines him.

        Comment


        • #5
          Originally posted by Cow Poke View Post
          I can only imagine.


          (seriously, though, this will help Japan care for its aging population as its workforce shrinks)
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          • #6
            Originally posted by shunyadragon View Post
            No, but Japan will be unbelievably richer due to this, if you can even imaging that.
            Or they can get in a war with somebody over it and both parties can become unbelievably poorer on account of it :)

            (sorry - the insanity in DC has got me down)


            Jim
            My brethren, do not hold your faith in our glorious Lord Jesus Christ with an attitude of personal favoritism. James 2:1

            If anyone thinks himself to be religious, and yet does not  bridle his tongue but deceives his own heart, this man’s religion is worthless James 1:26

            This you know, my beloved brethren. But everyone must be quick to hear, slow to speak and slow to anger; James 1:19

            Comment


            • #7
              Originally posted by shunyadragon View Post
              A rare ancient mud volcano part of Japan in the Pacific has a vast deposit of rare earth metals (including important Yttrim) worth unimaginable wealth to meet the world's demand in the technology and electronics industry. China previously controlled 95% of the world's rare earth resources, but no more. The article does not describe it as a mud volcano, but that is what it is. A mud volcano is caused by the pressure of continental drift, and pressure built up in deep earth quake zones.

              Source: https://www.cnn.com/2018/04/16/asia/japan-rare-earth-metals-find-china-economy-trnd/index.html



              Mud in this small Japanese island could change the global economy


              (CNN)A small island in the Pacific Ocean is the site of a huge discovery that could change Japan's economic future. How huge? One economist called it a "game changer." The researchers who helped find it said it had "tremendous potential."

              It's mud. A whole bunch of mud -- an estimated 16 million tons, to be exact. And in that mud, there are massive, "semi-infinite" stores of valuable rare earth minerals.

              Rare earth minerals contain rare earth elements (located here on the periodic table) that are used in high-tech devices like smartphones, missile systems, radar devices and hybrid vehicles. For instance, yttrium, one of the metals included in this recent discovery, can be used to make camera lenses, superconductors and cell phone screens.
              According to a new paper published by a team of Japanese researchers, this huge patch of mineral-rich deep sea mud lies near Minamitori Island, a small island 1,200 kilometers (790 miles) off the coast of Japan.

              The 16 million tons of materials could contain 780 years worth of yttrium, 620 years worth of europium, 420 years worth of terbium, and 730 years worth of dysprosium. In other words, according to the paper, it "has the potential to supply these materials on a semi-infinite basis to the world."
              That alone is a pretty big deal, but it becomes even more significant given the current supply and demand of rare earth metals.

              According to the US Geological Survey, while the minerals are relatively abundant, they have "much less tendency to become concentrated in exploitable ore deposits," making a find of this scale even more important.
              "Most of the world's supply of (rare earth elements) comes from only a handful of sources," a USGS report said, adding the long-term shortage or unavailability of the substances "would force significant changes in many technological aspects of American society."

              © Copyright Original Source

              Interesting. One of the prime reasons China invaded Tibet was to gain a monopoly on such minerals. It'll be fascinating to see how this plays out.

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