A newScientific Reportspaper has got wad of people fabulously excited about some clay sitting within the western North Pacific Ocean . Why ? Well , it turns out there ’s “ tremendous potential ” for vast reserve ofrare - terra firma elements(REEs ) within mystifying - sea mud there , just offshore from Minamitorishima Island , after an expedition in 2013 ventured there and pry around a bit .
At this point , I can hear you wondering aloud : REEs – what are they good for ? Well , from atomic number 66 and neodymium to Pm , quite a fortune , as it so happens . If you ’ve ever got electrical energy from a wind turbine , hopped inside a intercrossed car , used anything with a lightly - emitting rectifying tube ( precede ) , or used a rechargeable barrage , then you bang how life-sustaining they are to the workings of daily life in the modern era .
REEs , generally speaking , are fairly plentiful within the Earth ’s crust , just as they are in various other celestial objects , including asteroids . They do n’t occur evenly across the satellite , though , which is why some res publica – notablyChina – have overlook the orbicular market for some time now . This newfangled discovery , then , is intelligibly heavy news for investor as well as scientists .

The researchers , led by Waseda University , estimate that there ’s around 16 million t of REEs ( plus another related element , yttrium ) fall back at ocean off the teeny atoll . One particularly rich segment of the miry gem treasure trove alone contains 1.2 million tonnes of the good stuff . It contains enough europium to stuff the world ’s needs for 47 years at the current pace of demand ; similarly , there ’s enough dysprosium to keep industry happy for 56 years .
Extrapolating this to the entire 2,500 - square - kilometer ( 965 - square - geographical mile ) zone is where the 16 million t soma comes from , which could mayhap hold several century ' Charles Frederick Worth of REEs . The authors describe the submerged region as a “ semi - unnumberable ” source in which to append the world .
The fact that this was discovered beside this tiny , incredibly isolated coral atoll – the easternmost territory belonging to Japan , by all accounts – is great news for the archipelagic Japanese nation . The waters are n’t disputed at all , which mean all of these precious REEs flow within their Exclusive Economic Zone .
However , the language of the survey is deserving highlighting . As the authors take note , the arena “ has greatpotentialas ore deposits for some of the most critically important component in the modern society . ” Why would they say potential , rather than go with something more definitive ?
Well apart from the fact that the bombastic numbers are estimates , it ’s not yet clear how you ’d extract it in the first place .
REEs areextractedup on thesurface world . The problem is that there currently is no method acting in universe that will enable commercial mining of the seafloor in a general sense .
As noted by theGuardianback in 2017 , the first trial of any such mining is going to take place in 2019 . In this case , it wo n’t be REEs , but copper , zinc , and gold that ’ll be the target . As is the case withworkable nuclear fusion , this is an attempt that ’s been around the corner for about half a century now , so it ’s anyone ’s guess as to when it ’ll by rights kick off .
properly now , then , this zone is like a treasure pectus without a key to open it .