“In early 2026, Japan’s deep-sea drilling ship Chikyu successfully accomplished what its crew called a world first: the uninterrupted collection of mud containing rare earths from about 6,000 m under the Pacific Ocean, south of the isolated Minamitorishima Island.”
“An analysis released by Tokyo in late July 2026 showed that medium and heavy rare earth elements, such as dysprosium, gadolinium and yttrium, comprised 54 per cent of the overall amount of rare earths present in the samples.”
“Ahead of a large trial scheduled to start in February 2027, Tokyo plans to collect 350 tonnes of mud a day at the location and test whether there is potential for a commercially viable operation.”
“To complement its ongoing efforts in developing deep-sea extraction technology, Tokyo is simultaneously engaged in recycling rare earth magnets from discarded electronic devices and establishing joint stockpiling arrangements with like-minded nations.”
“Additionally, it is investing directly in developing processing capabilities outside Japan, including in Australia and Vietnam.”