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Japan’s Agency for Marine-Earth Science and Technology has recently made a discovery that may reduce technology dependency from China. The discovery was made when 78 ‘very large’ deposits were found at the bottom of the Pacific Ocean, near Hawaii.
The material weighed between 80 billion – 100 billion metric tons of material with similar properties to yttrium. The material is expected to be easy to get out and is low on the dangerous uranium and thorium that affects such deposits.