Our initial exploratory examination of the mud from the seabed located just off the Ogasawara Islands area found extremely high concentrations of rare earth elements.
Upon further examination and a more comprehensive study of the area, our operators and researchers determined that an area of 400 square kilometers contains over 16 million tons of rare earth oxides, enough to supply the market for hundreds of years.
We have also determined that there is a staggering area of 2,500 square kilometers containing a range of rare earth elements.