Japan’s Discovery and Its Effect on the World of Technology

You Most likely heard about Japan’s groundbreaking discovery of elements that naturally ought to be rare but contribute massively to the creation and advancement of technology. Well, when we talk about treasure, we don’t exactly mean treasure like golden plates from pirate movies, we mean literal earthy elements, like Manganese, Nickel and Cobalt those three elements Help in the production of Lithium batteries which in turn are used for powering all forms of electronics, Watches, Phones, Computers, Electric Cars.

Discovery

by Gerald Nibombe on November 28

Research supported by The Nippon Foundation , Discovered an impressive amount of Manganese along with more rare earth metals, like Nickel and Cobalt on the seabed of the Pacific. The research findings were announced by Yohei Sasakawa at a press conference in Tokyo earlier in June along with some leaders of the Nippon Foundation. The Research Team conducted an onsite survey on April 24 on the ocean floor of Torishima island, two thousand Kilometers southeast of Tokyo. The result of the onsite survey was the discovery of a dense field of about 230 million tons of manganese alone, with 610 thousand tons of cobalt along with 740 thousand tons of nickel, all these elements being deemed easily extractable. But even with these amazing discoveries the Japanese government still takes precedence in protecting marine environments while extracting as minimal resources as they can each year.

Economic Impact On Japan

by Gerald Nibombe on November 28

Those individual resources are foreseen to last the country an incredible number of years. With the estimation that all those metals will be able to meet the country's metal demand in a total of 86 years. The metallic extraction is set to start next year where most of it will go to Japanese technology companies. This proves very important to Japan’s economy because most of these elements are usually imported from China and some African Countries. This changes the market for Japan as they have the need to produce lithium-Ion batteries without being dependent on other countries resources, and to make further profit they could supply excess lithium batteries produced to foreign countries.

Impact On Technology Industries

As we know so far for Japanese industries, the discovery of these minerals is a huge advantage. Globally Japan even before this discovery was known for being a top 20 country in the production of technology, even with the previous lack of resources. Now Japan is rumored to grow significantly in development of technology, most likely reaching top 5 next to the United States and South Korea in tech production. With the prediction that lithium battery demand will increase by 400%, Japan will most likely be considered a major distributor. One Company that comes in mind is tesla with the rapid growth of this company and its popularity it is most likely to land a relationship with Japan’s Lithium Ion producing Giants, but the integrity of the country might come in play when it comes to protection of marine life along with extraction of resources that can contribute to the growth of both foreign and domestic Tech companies.