Japan discover cobalt supply that could feed its lithium-ion battery making demand for 88-years

Japan has announced the successful excavation of rare metals including battery critical materials cobalt and nickel from the seabed of its exclusive economic zone.
The Japan Oil, Gas and Metals National Corporation (JOGMEC), commissioned by the Economy, Trade and Industry Ministry, excavated about 650kg of cobalt-rich crust in July, according to the country’s news outlet The Japan News.