TOKYO -- Mineral resources including about 75 years of Japan's cobalt consumption and around 11 years' worth of nickel have been found near an isolated island in the country's exclusive economic zone, researchers said Friday.
Electric vehicles
Decades' worth of EV battery metals found off remote Japan island
Deep-sea reserves of cobalt and nickel could be commercialized as early as 2026
Demand for materials used in electric vehicles and their batteries is growing as EVs gain popularity worldwide. © Reuters
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