![h8j4vfrfjje]00x744u71gh0_media_dl_1.png](https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2026/02/japan-is-heavily-reliant-on-imports-for-its-rare-earth-needs.jpg?quality=90&strip=all&w=288&h=216&sig=OdcAGY2Ep1Z5Q61woCqDMw)
Article content
(Bloomberg) — Japan is accelerating a decade-old plan to extract rare earths from the deep seabed, an ambitious initiative given extra impetus by the country’s drive to cut reliance on Chinese supply.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
A state-owned vessel is scheduled to return to port this month after fitting equipment below the surface of Japanese waters, near a coral atoll 2,000 kilometers (1,243 miles) from Tokyo. The aim is to pull metal-bearing mud from the seabed for tests as early as February 2027, according to the government body running the project.
Article content
Article content
Article content
“It’s about economic security,” said Shoichi Ishii, program director for Japan’s National Platform for Innovative Ocean Developments. “The country needs to secure a supply chain of rare earths. However expensive they may be, the industry needs them.”
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
Rare earths — a set of metallic elements used in smartphones, electric vehicles and fighter jets — have become a political flashpoint, with China using its dominance of the global supply chain as a crucial bargaining chip in last year’s trade war with the US. More recently, Beijing banned exports to Japan of products destined for use in military applications, marking an escalation of a diplomatic spat between the countries.
Article content
This is an issue for Japan. Despite spending heavily on securing alternative supplies — from investing in a separation facility in France to long-term financial backing for Australian miner Lynas Rare Earths Ltd. — the country still imports roughly 70% of its rare earths from China.
Article content
Mining the seabed will not solve this problem any time soon. Even if tests were to reveal a promising resource, cost and logistics would present major challenges to any potential developer. Large-scale commercial mining of metals from the seabed has never been achieved, despite widespread exploration.
Article content
Article content
The US — which hasn’t ratified a United Nations treaty that regulates deep-seabed mining in international waters — has moved to accelerate the approval process after President Donald Trump last year signed an executive order “unleashing America’s Offshore Critical Minerals and Resources.” But the latest changes are likely to raise concerns globally, with the International Seabed Authority now finalizing its own rules governing environmental safeguards.
Article content
Japan’s project, however, lies within its own territorial waters – near Minamitori Island, which marks the country’s easternmost point. According to the Cabinet Office, the cross-ministerial body responsible for deep-sea mining, around 350 tons per day of mud will be brought to the surface from a depth of between 5 and 6 kilometers.
Article content
This will be tested to see which rare earths are present and in what quantities, said Tadanori Sasaki, a senior research director at the Institute of Energy Economics. What happens next will depend on these results.
Article content
Japan, prompted by disruptions to global cobalt supplies, was one of a number of nations to begin exploring the sea for minerals in the late-1970s. The Japan Organization for Metals and Energy Security, better known as Jogmec, conducted a successful excavation test of a cobalt-rich crust on the seabed in 2020.

1 hour ago
2
English (US)