China is the main supplier today
Geologists estimate the deposits could supply global demand for decades, potentially reducing dependence on traditional suppliers such as China and the Democratic Republic of Congo. Japan’s Ministry of Economy, Trade, and Industry (METI) has already announced plans to invest in underwater mining technologies, ensuring that extraction begins within the next five years. If successful, Japan could transition from a resource-dependent nation to a major player in the global materials market.
MSN
www.msn.com
Geologists estimate the deposits could supply global demand for decades, potentially reducing dependence on traditional suppliers such as China and the Democratic Republic of Congo. Japan’s Ministry of Economy, Trade, and Industry (METI) has already announced plans to invest in underwater mining technologies, ensuring that extraction begins within the next five years. If successful, Japan could transition from a resource-dependent nation to a major player in the global materials market.