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-   -   Japan Discovers Rare Minerals (https://www.cityprofile.com/forum/business-investing/japan-discovers-rare-minerals-18423/)

blucher 07-05-2011 03:57 PM

Japan Discovers Rare Minerals
 
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China being replaced as rare mineral source?

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https://www.pcmag.com/article2/0,2817,2388094,00.asp
Japan Discovers Rare Minerals in the Pacific Seabed
By Julius Motal


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China may no longer be the leader in the production of rare earth metals for electronic devices. A team of Japanese geologists have found troves of rare earth minerals in the Pacific seabed, the BBC is reporting.
Yasuhiro Kato, an associate professor of earth science at the University of Tokyo, led the research team that discovered the deposited. Prof. Kato estimated that there are 100 billion tons of rare earth minerals in the Pacific seabed.
Deposits were found in 78 locations along the seabed in international waters. The minerals were found east and west of Hawaii and east of Tahiti. The Guardian reports that the metals, tantalum and yttrium among them, found are used in smartphones, tablets, and flat-screen televisions.
In a letter to British journal Nature Geoscience, Prof. Kato wrote, "We estimate that an area of just one square kilometre, surrounding one of the sampling sites, could provide one-fifth of the current annual world consumption of these elements."
Global reserves of these minerals are roughly 110 million tons, according to the US Geological Survey, with the majority of them located China. Given China's grasp on production of rare minerals, Japan has sought other sources, and this recent discovery poses a potential threat to China's control.
Many firms are seeking licenses to dig for these minerals. Despite this outpouring of interest, the Malaysian government is hesitant to approve Australian-backed mining project because of local opposition and fear of radiation.
Regardless of whether or not the minerals recovered are viable, environmentalists are deeply concerned with the effects the mining will have on marine habitats.

Austin 07-06-2011 10:59 AM

Good for Japan. I need more gadgets, this will hopefully lower the price.

ChrisNukemYJ 07-06-2011 11:35 AM

Come on low priced 50" flat screen, I have been waiting all my life for you.

Austin 07-06-2011 03:58 PM

Quote:

Originally Posted by ChrisNukemYJ (Post 114816)
Come on low priced 50" flat screen, I have been waiting all my life for you.

I hope they make it portable!

blucher 07-06-2011 06:21 PM

Quote:

Originally Posted by ChrisNukemYJ (Post 114816)
Come on low priced 50" flat screen, I have been waiting all my life for you.

Be careful wut you wish for. I loved my bargain 50 inch Samsung DLP but it shuts off far too often. The Samsung TV/Monitor I'm using works perfectly.

You have the advantage of user forums where owner's have discovered the flaws in some models. Use them or you too may one day own 50 inches of unplugged TV.

blucher 07-06-2011 06:24 PM

Quote:

Originally Posted by Austin (Post 114800)
Good for Japan. I need more gadgets, this will hopefully lower the price.

I doubt it will reach us as consumers as much as government & industry. When they say "rare" they mean very rare.

ChrisNukemYJ 07-06-2011 06:31 PM

Quote:

Originally Posted by blucher (Post 114885)
Be careful wut you wish for. I loved my bargain 50 inch Samsung DLP but it shuts off far too often. The Samsung TV/Monitor I'm using works perfectly.

You have the advantage of user forums where owner's have discovered the flaws in some models. Use them or you too may one day own 50 inches of unplugged TV.

I would get another Vizio. Thats what I have now and it is awesome.

blucher 07-06-2011 07:55 PM

Then read the Vizio forums on the 50. Another drawback on big is the HD. When I first got the 50 & HD I had several "just wow!" moments each day. Only after getting the TV/monitor (a yard from my face) did I recall just how friggin sharp HD is when you're close enough to see it.

I think my next big screen will be a 30 inch or so.

RiponredTJ 07-06-2011 08:27 PM

I can honestly say that I have not watched more than 2 hours of television in the last three years, so this thread bores me to tears. https://i416.photobucket.com/albums/p...aughing002.gif

Austin 07-07-2011 10:48 AM

Quote:

Originally Posted by RiponredTJ (Post 114926)
I can honestly say that I have not watched more than 2 hours of television in the last three years, so this thread bores me to tears. https://i416.photobucket.com/albums/p...aughing002.gif

Why? Is it broke or something?


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