Japan just discovered 16 million tons of rare earth metals.

Discussion in 'The War Room' started by TribalDrumz, Apr 13, 2018.

  1. TribalDrumz

    TribalDrumz Purple Belt

    Joined:
    Nov 18, 2017
    Messages:
    1,697
    Likes Received:
    2,141
    The find is being called a "semi-infinite" amount, enough to supply the world for hundreds of years. China previously had the stranglehold on such metals.

    Quote:
    A new finding that could change the global economy

    The newly discovered deposit is enough to "supply these metals on a semi-infinite basis to the world," the study's authors wrote in the study.

    There's enough yttrium to meet the global demand for 780 years, dysprosium for 730 years, europium for 620 years, and terbium for 420 years.

    The cache lies off of Minamitori Island, about 1,150 miles southeast of Tokyo. It's within Japan's exclusive economic zone, so the island nation has the sole rights to the resources there.



    "This is a game changer for Japan," Jack Lifton, a founding principal of a market-research firm called Technology Metals Research, told The Wall Street Journal. "The race to develop these resources is well underway."

    Japan started seeking its own rare-earth mineral deposits after China withheld shipments of the substances amid a dispute over islands that both countries claim as their own, Reuters reported in 2014.

    Previously, China reduced its export quotas of rare earth minerals in 2010, pushing prices up as much as 10%, The Journal reports. China was forced to start exporting more of the minerals again after the dispute was taken up at the World Trade Organization.
    Rare-earth minerals found in Japan in a 'semi-infinite' deposit - Business Insider

    https://www.cnbc.com/2018/04/12/japa...n-pacific.html
     
  2. Liquid Smoke

    Liquid Smoke Great artists steal™

    Joined:
    Jul 11, 2013
    Messages:
    10,402
    Likes Received:
    9,457
    Time to invade Japan.
    Yttrium: for a strong America!
     
  3. Orgasmo

    Orgasmo Red Belt

    Joined:
    Dec 13, 2013
    Messages:
    8,567
    Likes Received:
    9,789
    Location:
    Vancouver, BC, Canada
    Sounds like Japan needs some freedom, twice.
     
  4. bushman505

    bushman505 Double Yellow Card Double Yellow Card Yellow Card

    Joined:
    Aug 28, 2016
    Messages:
    7,363
    Likes Received:
    9,788
    Location:
    SW Alaska
  5. HomerThompson

    HomerThompson President of the War Room Platinum Member

    Joined:
    Aug 27, 2005
    Messages:
    38,442
    Likes Received:
    59,429
    Location:
    Terror Lake
    You're a bit late, bud. We already brought them freedom.
     
  6. HomerThompson

    HomerThompson President of the War Room Platinum Member

    Joined:
    Aug 27, 2005
    Messages:
    38,442
    Likes Received:
    59,429
    Location:
    Terror Lake
    Also, this is potentially fantastic news for the world.
     
    Codpiece, Gunny, D3THRONED and 11 others like this.
  7. Scheme

    Scheme Brown Belt

    Joined:
    Feb 4, 2013
    Messages:
    4,471
    Likes Received:
    7,719
    Location:
    At the scene of a Jon Jones car crash
    The Japanese hate our values. It's only right to bring them some good old democracy
     
  8. Patrick Carey

    Patrick Carey Yellow Belt

    Joined:
    Apr 15, 2011
    Messages:
    156
    Likes Received:
    191
    Location:
    carlsbad
    Is it going to be easy to extract? That is where most of the cost savings from china kick in. They dont give a shit about safety standards
     
    Last edited: Apr 13, 2018
  9. Idonotbelieveit

    Idonotbelieveit winning

    Joined:
    Aug 18, 2011
    Messages:
    17,251
    Likes Received:
    2,832
    If it was big it would have stayed silience


    You don't expose something like that
     
    Brodels likes this.
  10. Idonotbelieveit

    Idonotbelieveit winning

    Joined:
    Aug 18, 2011
    Messages:
    17,251
    Likes Received:
    2,832
    they hate us full stop we did bomb them
     
    JosephDredd likes this.
  11. electricfuneral

    electricfuneral Red Belt

    Joined:
    Apr 14, 2008
    Messages:
    8,297
    Likes Received:
    2,496
    Location:
    Anywhere, USA
    I disagree. i have a Japanese citizenship. They don't hate America, they are insular and don't like anybody else.
     
  12. Soul Crusher

    Soul Crusher Eternal

    Joined:
    Feb 16, 2018
    Messages:
    2,464
    Likes Received:
    2,246
    [​IMG]


    China is going to want a piece in the future. If not all of it.
     
  13. Idonotbelieveit

    Idonotbelieveit winning

    Joined:
    Aug 18, 2011
    Messages:
    17,251
    Likes Received:
    2,832
    Edi
    you spend much time there then?
     
  14. trident

    trident Water Belt

    Joined:
    Oct 29, 2012
    Messages:
    10,171
    Likes Received:
    12,708
    Location:
    beneath a hovering whining mosquito
    It's the Japanese dude, they can do it
     
    Strychnine likes this.
  15. JSN

    JSN #NotMyNelly

    Joined:
    Nov 24, 2005
    Messages:
    37,209
    Likes Received:
    7,706
    Location:
    America (FUCK YEAH!)
    "game changer", huh? Is this Jack Lifton?

    [​IMG]
     
    Last edited: Apr 13, 2018
    TheGZA likes this.
  16. trident

    trident Water Belt

    Joined:
    Oct 29, 2012
    Messages:
    10,171
    Likes Received:
    12,708
    Location:
    beneath a hovering whining mosquito
    Is there a different mindset for those that immigrate? The Japanese I know in SF are amongst the coolest open minded and thoughtful people I know
     
  17. jefferz

    jefferz Gold Belt Platinum Member

    Joined:
    Jul 23, 2011
    Messages:
    19,021
    Likes Received:
    19,893
    And what other country could refine those minerals on a level China does?
    They’ll have a stranglehold for years to come.
     
    Last edited: Apr 13, 2018
  18. trident

    trident Water Belt

    Joined:
    Oct 29, 2012
    Messages:
    10,171
    Likes Received:
    12,708
    Location:
    beneath a hovering whining mosquito
    Wonder if this is going to push mining into the ocean on an overall basis.

    I suppose it's better than drilling
     
  19. Roaming East

    Roaming East Ficti pravique tenax

    Joined:
    Aug 10, 2011
    Messages:
    2,094
    Likes Received:
    1,756
    Japan just discovered valuable Chinese minerals in Chinese territorial waters you mean. cause thats what the PRC is thinking right now.
     
  20. Jack V Savage

    Jack V Savage Secretary of Keepin' It Real/Nicest Guy on Sherdog

    Joined:
    Oct 30, 2004
    Messages:
    60,122
    Likes Received:
    22,480
    It's always in the last place you look.
     
    TheWorm, Prime Rib, redwire and 10 others like this.

Share This Page