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Japan launches first deep-sea rare earth mining trial to cut reliance on China
January 13th, 2026 - 07:23 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Japan launches first deep-sea rare earth mining trial to cut reliance on China

ALBAWABA- Japan launched the world’s first deep-sea rare earth mining trial, marking a strategic move to secure critical mineral supplies and reduce dependence on China. The month-long operation involves the research vessel Chikyu extracting mineral-rich seabed mud from depths of about 6,000 meters near Minamitori Island in the Pacific Ocean. The project is led by the Japan Agency for Marine-Earth Science and Technology and is aimed at developing domestic sources ...
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Egypt's Consumer Price Index (CPI) eased to 2.1 percent in March, compared to 2.7 percent in February and 4.3 percent in January. (File photo)
April 11th, 2017 - 04:57 GMT

Egypt's inflation surge begins to slow

The MoU was signed by Saudi Arabia, the UAE, Bahrain, Algeria, Sudan, Iraq, Oman, Qatar, Comoros, Kuwait, Egypt, Libya, Morocco and Yemen. (Shutterstock)
April 11th, 2017 - 04:18 GMT

14 Arab countries sign MoU to establish a joint electricity market

Djerba–Zarzis International Airport. (Shutterstock)
April 11th, 2017 - 04:05 GMT

Tunisia, Libya resume flights after year-long interruption

Algeria is calling for investments in its 4,050MW solar power plant which will include the development of local manufacturing of related equipment. (Shutterstock)
April 11th, 2017 - 03:53 GMT

Post-Brexit UK eyes energy investments in Algeria

India has signed several big-ticket defense deals since Modi’s Bharatiya Janata Party stormed to power in 2014. (AFP/File)
April 11th, 2017 - 03:25 GMT

Israel signs $2B arms deal with India, its biggest ever

Foreigners working in Saudi Arabia sent home SR10.77 billion ($2.87 billion) in February 2017, 15 percent less than the same time last year. (AFP/Khaled Desouki)
April 11th, 2017 - 02:32 GMT

Saudi expat remittances drop amid slow economy, weak SME sector

Terrorist bombings negatively affected trading in the Egyptian Stock Exchange. (AFP/Khaled Desouki)
April 11th, 2017 - 02:04 GMT

Egypt’s stock market tumbles following church bombings

Toshiba has reported a loss of $4.8 billion and faces the possibility of a delisting from the Tokyo Stock Exchange. (AFP)
April 11th, 2017 - 12:33 GMT

Toshiba risks delisting, going out of business

The complex, which is located 45km east of Jijel, is worth over $2 billion and will help to achieve Algeria's self-sufficiency in iron and steel products. (Pixabay)
April 11th, 2017 - 10:50 GMT

Algeria, Qatar team up to launch massive steel complex

Libya's Sharara oilfield, which had only just returned to production, was shut on Sunday after a group blocked a pipeline linking it to an oil terminal. (AFP/File)
April 11th, 2017 - 10:30 GMT

Oil prices up after Libya’s biggest field shuts down

A total of 288 labor protests were organised in Jordan in 2016, up from 236 protests in the previous year, which could suggest a decline in the socio-economic situation in Jordan. (AFP/Khalil Mazraawi)
April 11th, 2017 - 10:14 GMT

Jordan sees 22 percent rise in labor protests in 2016: Report

The best performing sub-sector in Dubai in the past quarter was wholesale and retail, followed by travel and tourism and construction. (AFP/Karim Sahib)
April 11th, 2017 - 09:22 GMT

Dubai's private sector achieves strongest quarter in two years

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