- Researchers have found 230 million tons of precious minerals off a remote island over 1,200 miles from Tokyo.
- The motherlode contains enough cobalt and nickel to supply Japan for over a decade.
- Both materials are crucial in building EV batteries, with a global race underway to find new supplies.
The world is scrambling to secure precious metals to build EV batteries — and Japan may have just hit the jackpot.
Researchers have found a motherlode of around 230 million metric tons of minerals crucial to making electric car batteries on the seabed off a remote island around 1,200 miles from Tokyo.