A rare form of mud found in a Japanese island may turn out to be a treasure for the future scientists and it consists of huge quantity of rare earth materials, scientists say. With an estimated 16 million tonnes of mud, the massive, “semi-infinite” stores of valuable rare earth minerals in the island off Japan shores in the Pacific Ocean ...

China’s minister visited Tokyo for an economic dialogue last week not without a valid reason. Japan no longer needs China’s rare earth materials as it found a treasure of an island in its own backyard and the supply is semi-inifinite. This is what’s called turn-around in destiny. Some precious “rare-earth” metals such as yttrium is vital to manufacture lasers, magnets, ...