Japan just found a 'semi-infinite' deposit of rare-earth minerals — and it could be a 'game-changer' in competition with China
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The newly discovered deposit is enough to "supply these metals on a semi-infinite basis to the world," [...]
There's enough yttrium to meet the global demand for 780 years, dysprosium for 730 years, europium for 620 years, and terbium for 420 years. [...]
Japan now has the opportunity to control a huge chunk of the global supply, forcing countries that manufacture electronics, like China and the US, to purchase the minerals on Japan's terms.
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Wohooo! Nippon Banzai! This is the kind of news I've been waiting for.