Researchers have made a significant discovery near an isolated island in Japan’s exclusive economic zone, uncovering substantial mineral deposits on the seabed near Minami-Torishima. The resources are poised to meet Japan’s cobalt consumption needs for 75 years, along with providing over a decade’s supply of nickel.
The deposits consist of approximately 230 million tons of manganese in fist-sized nodules, containing around 20% manganese, up to 1% cobalt, and nickel. These minerals are crucial for lithium-ion batteries, essential for advancing electric vehicle production.
Estimates suggest the deposits, spanning roughly 10,000 square meters, hold about 610,000 tonnes of cobalt and 740,000 tonnes of nickel. The mineral discovery promises significant benefits for Japan’s EV industry by reducing its reliance on other nations.
As reported by msn.com, the find could allow Japan to meet domestic demand for EV batteries and compete strongly with China in the international market.
