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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World Japan to search seafloors for rare metals: report AFP - Monday, April 26 Send IM Story Print Japan to search seafloors for rare metals: report TOKYO (AFP) - – Japan plans to scour the seafloors in its exclusive economic zone for rare metals needed in high-tech products in a drive that may irritate Asian rival China, a report said Monday. Prime Minister Yukio Hatoyama's cabinet is expected to approve as early as June the national strategy on securing undersea resources, the Kyodo News agency reported, citing a copy of the government document. Japan and its Asian rivals are scrambling to secure rare metals needed for a range of products from fuel-efficient hybrid cars and batteries to cellphones and liquid crystal display televisions. Last year the Japan Agency for Marine-Earth Science and Technology announced plans to send robotic submarines to study areas near seabed volcanos, where so-called hydrothermal vents belch out minerals. Experts believe exploiting those remote and hard-to-reach deposits will become feasible despite the huge technical challenges and expense, as certain minerals become more scarce worldwide. Under the new strategy, resource-poor Japan eyes exploring the seabed within its exclusive economic zone (EEZ), an area which extends 200 nautical miles (370 kilometres) offshore or to the half-way points to neighbouring countries. The areas to be explored cover 340,000 square kilometres (136,000 square miles) of the East China Sea and the Pacific, Kyodo said. One search area will stretch from the median line between Japan and China to the Okinawa island chain in the East China Sea, the report said. Another area to be explored lies around the Izu-Ogasawara islands, an archipelago that stretches south of Tokyo into the Pacific, it said. Japan will also scour the seafloors off the island of Shikoku, seeking methane hydrate, a compound that may become a new energy source and which Japan hopes to start using by around 2020, Kyodo said. Japan also eyes exploring the seabed around Minamitorishima island, the nation's easternmost point, to search for cobalt, the report said. The project may stir friction with China, the rising economic giant and Japan's main competitor for mineral and energy resources. Ties between Tokyo and Beijing have already been strained over four Chinese gas fields in the East China Sea that Japan says extend into its EEZ. The two countries are also disputing sovereignty of the Senkaku islands, known as the Diaoyu islands in Chinese, which lie between Japan and Taiwan. Tensions have grown as China has built up its military muscle including its naval power in recent years. Japan last week protested at a high-seas incident in which a Chinese naval helicopter from a flotilla of warships staged a close fly-by of a Japanese naval vessel, the second such incident within weeks. Recommend Send IM Story Print Related Articles As they fold, Indonesia garment makers blame China AP - 6 minutes ago Europe trade deal could hit Indian generic drugs AP - 22 minutes ago US-BUSINESS Summary Reuters - 28 minutes ago Derivatives differences trigger alarm bells Reuters - 28 minutes ago Financial reform nears test in Senate Reuters - 31 minutes ago News Search Top Stories Wall Street overhaul faces key US Senate test Greece pledges fresh cuts after EU-IMF talks Genes influence smoking addiction: study Airbus workers 'to disrupt production in France' Indian cricket league chief suspended hours after finals More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » Most Popular Most Viewed Most Recommended Aliens may exist but contact would hurt: Hawking Ex-Bin Laden bodyguard writes against Qaeda BP struggles to cap leak as US oil slick spreads French driving veil row escalates Greece warns speculators as it races for bailout More Most Viewed » Aliens may exist but contact would hurt: Hawking Apple engineer loses iPhone prototype Two-million-year-old hominid sheds light on evolution Taiwan's male 'Susan Boyle' a web sensation French driving veil row escalates More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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