Japan finds huge deposit of rare-earth minerals

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RESTRICTIONS: Broadcast: NO USE JAPAN, NO USE TAIWAN Digital: NO USE JAPAN, NO USE TAIWAN
A deposit of rare-earth minerals has been discovered off the coast of Japan.


These minerals were found 6,000 meters beneath sea level near Japan's Minamitorishima Island in April 2018, according to a study published in the journal Nature.


An estimated 16 million ton of rare minerals including yttrium, dysprosium, europium and terbium have been found in the deposit.


These rare earth minerals are used in smartphones and electric cars as well as rechargeable batteries.


It is rare for large amounts of minerals to be found in huge deposits, according to the U.S. Geological Survey.


Japan started looking for rare-earth minerals after a dispute with China, which is currently the largest exporter of rare earths minerals, according to a Reuters report.


In 2014, China held back shipments of rare-earth minerals to Japan during a row over disputed islands between the two nations.


At the same time, China cut back its export of rare-earth minerals and increased the price of the minerals to preserve its resources.


After China, the largest amount of rare earth reserves are found in Vietnam, Brazil, Russia, South Africa and India, according to Statista 2018.


RUNDOWN SHOWS:
1. Map of Japan and an inset of a mix of rare-earth minerals
2. Cross section of the ocean
3. Rare minerals found in the deposit
4. How these rare minerals are used


VOICEOVER (in English):
"A deposit of rare-earth minerals has been discovered off the coast of Japan, according to a study published in the journal Nature."

"These minerals were found 6,000 meters beneath sea level near Japan's Minamitorishima Island in April 2018."

"An estimated 16 million ton of rare minerals including yttrium, dysprosium, europium and terbium have been found in the deposit."

"These rare earth minerals are used in smartphones and electric cars as well as rechargeable batteries."

SOURCES: Science Alert, Financial Post, Nature journal, CNBC, The Asahi Shimbun, USGS, Reuters
https://www.sciencealert.com/japan-di...
https://interestingengineering.com/ra...
https://www.nature.com/articles/s4159...
https://www.cnbc.com/2018/04/12/japan...
http://www.asahi.com/ajw/articles/AJ2...
https://pubs.usgs.gov/fs/2002/fs087-0...
https://www.reuters.com/article/us-ja...
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