March 21, 2013

Japan Discovers Massive Rare Earth Deposit

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Japanese flagFor the second time this month, Japan has made an important natural resource discovery.

Japanese researchers say they have found a massive rare earth deposit on the floor of the Pacific Ocean. The deposit, according to AFP, is 20 to 30 times more concentrated than Chinese mines, the world’s largest rare earth supplier.

Why is this important? For one, these precious metals are used in high-tech manufacturing. The computer or phone you’re reading this from is brought to you by rare earth metals.

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Source: SmartPlanet

By Tyler Falk