The Prague Post - Japan aims to dig deep-sea rare earths to reduce China dependence

EUR -
AED 4.172533
AFN 72.147498
ALL 94.446414
AMD 416.184199
ANG 2.034179
AOA 1042.422579
ARS 1680.653568
AUD 1.647772
AWG 2.046503
AZN 1.94392
BAM 1.955726
BBD 2.283813
BDT 139.474705
BGN 1.921105
BHD 0.427682
BIF 3384.726811
BMD 1.136157
BND 1.473025
BOB 7.835703
BRL 5.898359
BSD 1.133957
BTN 107.303926
BWP 15.513343
BYN 3.195765
BYR 22268.674564
BZD 2.280513
CAD 1.618018
CDF 2577.93958
CHF 0.92244
CLF 0.026512
CLP 1043.424184
CNY 7.715077
CNH 7.737728
COP 3912.924245
CRC 516.17586
CUC 1.136157
CUP 30.108157
CVE 110.260814
CZK 24.23576
DJF 201.922334
DKK 7.475582
DOP 66.466892
DZD 151.638316
EGP 56.387922
ERN 17.042353
ETB 182.81205
FJD 2.549762
FKP 0.863423
GBP 0.862287
GEL 2.999539
GGP 0.863423
GHS 12.700518
GIP 0.863423
GMD 82.315257
GNF 9935.491624
GTQ 8.649672
GYD 237.190995
HKD 8.907186
HNL 30.341581
HRK 7.53283
HTG 148.262414
HUF 355.156486
IDR 20372.428755
ILS 3.386037
IMP 0.863423
INR 107.388181
IQD 1485.443605
IRR 1562272.497635
ISK 144.201475
JEP 0.863423
JMD 178.592434
JOD 0.805539
JPY 183.862032
KES 147.133961
KGS 99.356303
KHR 4555.766892
KMF 493.092633
KPW 1022.541577
KRW 1752.283149
KWD 0.351572
KYD 0.944964
KZT 551.82905
LAK 24890.055042
LBP 101555.797479
LKR 382.555476
LRD 206.542159
LSL 18.852084
LTL 3.354776
LVL 0.68725
LYD 7.292723
MAD 10.661295
MDL 20.082149
MGA 4736.79932
MKD 61.61368
MMK 2385.400948
MNT 4071.785272
MOP 9.158352
MRU 45.340079
MUR 54.75128
MVR 17.553658
MWK 1966.216699
MXN 20.011357
MYR 4.672335
MZN 72.612193
NAD 18.852084
NGN 1557.212948
NIO 41.727865
NOK 11.203075
NPR 171.684971
NZD 2.012912
OMR 0.43686
PAB 1.133957
PEN 3.845754
PGK 4.974745
PHP 69.666849
PKR 315.373439
PLN 4.286618
PYG 6916.737404
QAR 4.122343
RON 5.235068
RSD 117.349115
RUB 85.096665
RWF 1665.72943
SAR 4.25752
SBD 9.148281
SCR 16.823661
SDG 681.693902
SEK 11.076051
SGD 1.473794
SHP 0.848256
SLE 28.173786
SLL 23824.645554
SOS 648.072544
SRD 42.560928
STD 23516.153224
STN 24.498746
SVC 9.921623
SYP 125.581802
SZL 18.849201
THB 37.950477
TJS 10.5286
TMT 3.976549
TND 3.370872
TOP 2.735594
TRY 52.848676
TTD 7.688708
TWD 36.145468
TZS 2977.510374
UAH 50.898944
UGX 4183.841159
USD 1.136157
UYU 45.268281
UZS 13635.482325
VES 705.272766
VND 29915.578347
VUV 136.135153
WST 3.155989
XAF 655.929211
XAG 0.019883
XAU 0.000285
XCD 3.070521
XCG 2.043622
XDR 0.815765
XOF 655.932097
XPF 119.331742
YER 271.115476
ZAR 18.81311
ZMK 10226.774941
ZMW 20.439224
ZWL 365.842047
  • RBGPF

    0.0000

    61.3

    0%

  • BCC

    5.8600

    77.66

    +7.55%

  • BCE

    0.1600

    23.2

    +0.69%

  • GSK

    -0.9800

    51.09

    -1.92%

  • CMSC

    -0.0450

    22.065

    -0.2%

  • NGG

    1.2600

    82.83

    +1.52%

  • RELX

    -0.0600

    31.15

    -0.19%

  • CMSD

    0.0600

    22.02

    +0.27%

  • RIO

    -1.5500

    94.03

    -1.65%

  • AZN

    2.0000

    183.02

    +1.09%

  • JRI

    -0.0600

    12.57

    -0.48%

  • RYCEF

    -0.1600

    18

    -0.89%

  • BP

    -1.4700

    37.86

    -3.88%

  • VOD

    -0.2400

    13.81

    -1.74%

  • BTI

    0.6500

    61.39

    +1.06%

Japan aims to dig deep-sea rare earths to reduce China dependence
Japan aims to dig deep-sea rare earths to reduce China dependence / Photo: TOSHIFUMI KITAMURA - AFP/File

Japan aims to dig deep-sea rare earths to reduce China dependence

A Japanese research vessel on Monday began a historic voyage to attempt to dig deep-sea rare earths at a depth of 6,000 metres to curb dependence on China.

Text size:

Scientific drilling boat called the Chikyu left Shimizu Port in Shizuoka around 9:00 am (0000 GMT) for the remote island of Minami Torishima in the Pacific, where surrounding waters are believed to contain a rich trove of valuable minerals.

The test cruise comes as China -- by far the world's biggest supplier of rare earths -- ramps up pressure on its neighbour after Prime Minister Sanae Takaichi suggested in November that Tokyo could react militarily to an attack on Taiwan.

Beijing claims self-ruled Taiwan as part of its territory and has vowed to seize it by force if necessary.

China has long used its dominance in rare earths for geopolitical leverage, including in its trade war with US President Donald Trump's administration.

Chikyu's voyage, delayed by one day due to bad weather, could lead to domestic production of rare earths, said Shoichi Ishii, programme director at the Cabinet Office.

"We are considering diversifying our procurement sources and avoiding excessive reliance on specific countries," he told reporters at the port as the ship prepared to leave.

"One approach I believe could be pursued is establishing a process to achieve domestic production of rare earths," he said.

Rare earths -- 17 metals difficult to extract from the Earth's crust -- are used in everything from electric vehicles to hard drives, wind turbines and missiles.

The Japan Agency for Marine-Earth Science and Technology (JAMSTEC) has touted the test as the world's first at such depths.

The area around Minami Torishima, which is in Japan's economic waters, is estimated to contain more than 16 million tons of rare earths, which the Nikkei business daily says is the third-largest reserve globally.

These rich deposits contain an estimated 730 years' worth of dysprosium, used in high-strength magnets in phones and electric cars, and 780 years' worth of yttrium, used in lasers, Nikkei said.

"If Japan could successfully extract rare earths around Minami Torishima constantly, it will secure domestic supply chain for key industries," Takahiro Kamisuna, research associate at The International Institute for Strategic Studies (IISS), told AFP.

"Likewise, it will be a key strategic asset for Takaichi's government to significantly reduce the supply chain dependence on China."

The cruise is scheduled to last until February 14.

Recent media reports said Beijing was delaying Japanese imports as well as rare-earth exports to Tokyo, as their two-month-old spat escalates.

China this month blocked exports to Japan of "dual-use" items with potential military uses, fuelling worries in Japan that Beijing could choke supplies of rare earths, some of which are included in China's list of dual-use goods.

V.Nemec--TPP