Published on July 4th,2011 at 1:50 PM
By >Daimaou - G.G-B
By >Daimaou - G.G-B
Japanese scientist found rare earth mineral/element on Pacific Ocean seabed
Category: Science - Tags: China, Element, Monopoly, Natural Resource, Pacific Ocean, Rare Earth, Rare Earth Element, Rare Earth Material, Rare Earth Mineral, Reuters, Science
It seems that China’s monopoly on Rare Earth Mineral/element may hopefully soon be something of the past! According to Reuters, some Japanese scientist has found a heavy concentration (1km2) of rare earth mineral at the bottom (6000m) of the Pacific Ocean close to Hawaii in International waters as well as close to Tahiti in French Polynesia.
According to these scientists, Reuters reports that the deposit are around 80 to 100 Billion Metric tons compares to the confirmed 110 Million tons available in Both Russia and China.
Rare Earth Minerals are key components in every electronic goods and gadgets we loved to play with everyday and China’s monopoly on these materials started to be a global concern.
Via Reuters
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http://profiles.google.com/d.ryan.osborne Dominic Ryan Osborne
