Rare Mineral Found in Japan's Minami-Torishima Island

Significant Mineral Discovery

• Massive deposits found near Minami-Torishima Island in Japan's EEZ
• Approximately 230 million tons of manganese nodules identified
• Nodules contain about 20% manganese, up to 1% cobalt, and nickel
• Estimated 610,000 tonnes of cobalt and 740,000 tonnes of nickel
• Deposits span roughly 10,000 square meters of seabed
• Could meet Japan's cobalt needs for 75 years and nickel for over a decade

Impact on Japan's EV Industry

• Minerals crucial for lithium-ion battery production
• Significant boost to electric vehicle manufacturing capabilities
• Reduces Japan's reliance on foreign mineral sources
• Potential for increased economic independence in EV sector
• Opportunity for Japan to become a major player in EV battery production
• May lead to cost reductions in EV manufacturing within Japan

Minami-Torishima Island: Strategic Location

• Isolated coral atoll in the northwestern Pacific Ocean
• Japan's easternmost territory, located on the Pacific Plate
• 1,950 km southeast of central Tokyo
• Triangular shape with 2 km sides and 6 km circumference
• Maximum altitude of 9 meters, surrounded by deep waters
• Transitional climate between tropical and subtropical
• Exclusive Economic Zone of 430,000 km², larger than Japan's land area
• Strategic importance for mineral rights and economic activities

This groundbreaking discovery of mineral deposits near Minami-Torishima Island marks a pivotal moment for Japan's industrial future, particularly in the electric vehicle sector. The vast quantities of manganese, cobalt, and nickel found in the seabed nodules represent a potential game-changer for Japan's battery manufacturing capabilities and overall economic independence.