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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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To grant the loan, IMF needs the approval of the Egyptian Muslim Brotherhood's Freedom and Justice Party
May 6th, 2012 - 09:49 GMT

Cairo reapplies for IMF debt-aid

Saudi tourism sector boosts the national economy and provides a lot of jobs to different groups of people
May 6th, 2012 - 09:14 GMT

Saudi 'tourism' generates 1.6 million jobs since 2009

Electricity provision remains poor in Iraq, with the national grid only supplying a few hours of power per day
May 6th, 2012 - 08:44 GMT

Iraq to double up its power supply

This law aims to strengthen the business environment and makes it attractive to local and foreign investments
May 6th, 2012 - 07:08 GMT

UAE revises bankruptcy law

The ECB is predicted to leave interest rate on hold at its low record of 1.00% to bolster the waning recovery
May 3rd, 2012 - 12:30 GMT

Gold still sustaining losses

The agreement that would include phasing out customs and fees on imports and exports between the two countries
May 3rd, 2012 - 10:05 GMT

Iran finds a free-trade partner in Lebanon

Non-oil GDP growth is expected to rise in all GCC countries
May 3rd, 2012 - 07:45 GMT

IMF forecasts sunny outlook for GCC economies

Al Bawaba
May 3rd, 2012 - 07:17 GMT

A 10% increase for rents in Dubai

This is a reflection of confidence in the banking sector and the Lebanese pound
May 3rd, 2012 - 06:43 GMT

Lebanon's banks not affected by strife in the region

The yellow metal inched down on and soared to 54.8 in April
May 2nd, 2012 - 11:40 GMT

Gold falls back down slippery slope

The airport is expected to handle 28 million passengers
May 2nd, 2012 - 10:44 GMT

Doha opening new snazzy $17.5bn airport 12/12/2012

As a result of the high prices of fuel, the General Labor Confederation announced last week a general strike for May 3
May 2nd, 2012 - 09:21 GMT

Lebanon's petrol prices plummet

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