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Japan, China Race Who Gets First Dibs To Pacific Ocean Rare Earths

Still enmeshed in an international dispute lodged before the World Trade Organisation, Japan and China yet again face off in a race on who gets first dibs to explore and mine the precious rare earths elements off the Pacific Ocean.

The International Seabed Authority (ISA), a body of the international organisation United Nations, revealed it has received new applications for seabed exploration licences from the two Asian countries.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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