Story perspectives

Japan Launches Deep-Sea Mining, Boosts U.S. Trade Deal

1/17/2026

Summary

Story summary

Japan has begun its first deep-sea mining trial to extract rare earths, aiming to lessen dependence on China for these materials.
Japan also signed a memorandum of cooperation with Singapore regarding quantum science and technology.
South Korean police are contemplating a travel ban on Coupang's interim CEO for non-cooperation in a data breach investigation affecting over 33 million customers.
Taiwan and the U.S. have agreed on a trade deal enabling $250 billion in Taiwanese investments in the U.S. semiconductor sector.

History

Historical Context

In 2019, the International Seabed Authority approved regulations for deep-sea mining, enabling countries like Japan to explore mineral resources. This move responds to Japan's goal of reducing reliance on China, which produces over 60% of global rare earth elements. As nations pursue resource independence amid geopolitical tensions, successful mining could significantly impact global supply chains and enhance technological capabilities in sectors such as semiconductors.

1 of 2

Story summary

Japan has begun its first deep-sea mining trial to extract rare earths, aiming to lessen dependence on China for these materials.
Japan also signed a memorandum of cooperation with Singapore regarding quantum science and technology.
South Korean police are contemplating a travel ban on Coupang's interim CEO for non-cooperation in a data breach investigation affecting over 33 million customers.
Taiwan and the U.S. have agreed on a trade deal enabling $250 billion in Taiwanese investments in the U.S. semiconductor sector.

1 / 2