Markets

Japan Discovers Rare Earths Deposits at Minami Tori Shima Island 20 Times More Concentrated than China’s

The Japan Agency for Marine-Earth Science and Technology and the University of Tokyo reported over the weekend the discovery of a large deposit of rare earths at the Minami Tori Shima Island on the easternmost part of the country. The deposit is reportedly 20 to 30 times more concentrated than rare earths deposits in China, which has the potential of breaking Beijing's monopoly of those types of resources.

Read More on International Business Times

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


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

Other Topics

Commodities

Latest Markets Videos