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Reading: Japan Uncovers $26 Billion in Deep-Sea Minerals Amid Environmental Worries
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Japan Deep-Sea Discovery
PhotoNews Pakistan > World > Japan Uncovers $26 Billion in Deep-Sea Minerals Amid Environmental Worries
World

Japan Uncovers $26 Billion in Deep-Sea Minerals Amid Environmental Worries

Web Desk
By Web Desk Published November 21, 2024 2 Min Read
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An image shows metallic nodules extracted from deep sea in Japan. Photo Credits: UNILAD
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Japan’s recent discovery of deep-sea resources valued at over $26 billion has sparked intense debate over potential environmental impacts. The Nippon Foundation and the University of Tokyo uncovered a dense field of manganese nodules near Shima Island, containing significant amounts of cobalt and nickel, crucial for electric vehicle batteries.

Located 1,200 miles southeast of Tokyo and 5,700 meters below sea level, the site holds approximately 610,000 tons of cobalt and 740,000 tons of nickel. These metals are currently valued at $26.29 billion, with cobalt and nickel priced at $24,300 and $15,497 per metric ton, respectively.

A survey by The Nippon Foundation and the University of Tokyo found a field of dense manganese nodules on the seabed of Minami-Tori-shima island. Worth $26,290,780,000, the earth minerals will keep Japan's economy going for at least the next decade.https://t.co/LYwTiNfEDZ

— David Fátúnmbí (@davidfatunmbi) November 20, 2024

𝗝𝗮𝗰𝗸𝗽𝗼𝘁 𝗳𝗼𝗿 𝗝𝗮𝗽𝗮𝗻
📍Japan recently discovered 230 million tons of rare minerals on the seabed around Minami-Tori-shima island, including 610,000 tons of cobalt and 740,000 tons of nickel. #UPSC #upscaspirants #CurrentAffairs #upsc2025 #IAS #upscprelims2025 pic.twitter.com/JKIoP9g1Gv

— UPSC Community (@upsccommunity) November 17, 2024

While the economic benefits are considerable, the environmental risks are substantial. Research led by Travis Washburn from the Geological Survey of Japan indicates severe disruptions to marine ecosystems due to deep-sea mining. The study observed a 43% reduction in local fish and shrimp populations following two hours of test mining, suggesting more significant impacts than initially anticipated.

Sophie Benbow, director of a marine conservation program, has expressed concerns about the irreversible damage to ocean biodiversity resulting from premature mining of undiscovered species that could offer medical and technological breakthroughs.

As Japan proceeds with this project, the challenge of balancing economic interests with ecological preservation is critical. The broader implications for marine life continue evolving, underscoring the need to consider deep-sea mining’s long-term effects carefully.

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