Japanese scientists have discovered huge deposits of "rare earth" minerals, crucial for making electronics products such as smartphones, tablets such as the iPad and flat-screen TVs, on the floor of the Pacific Ocean around Hawaii - and they say they are easy to extract.

The discovery could expand the known deposits of the materials by a thousand times, immediately reducing concerns about supply.
"The deposits have a heavy concentration of rare earths. Just one sq km of deposits will be able to provide one-fifth of the current global annual consumption," Yasuhiro Kato, an associate professor of earth science at the University of Tokyo, said.
The discovery, made by a team led by Kato and including researchers from the Japan Agency for Marine-Earth Science and Technology, could have important implications for the production of materials requiring "rare earths" such as tantalum and yttrium. China has the largest land-based deposits of the crucial metals, and produces about 97% of the global supply.
But it announced in December that it was slashing exports of the materials - leading to fears of a shortage or of much higher prices for products that use them.
{{/usCountry}}But it announced in December that it was slashing exports of the materials - leading to fears of a shortage or of much higher prices for products that use them.
{{/usCountry}}The new research found the minerals in sea mud extracted from depths of 3,500 to 6,000 metres below the ocean surface at 78 locations.
One-third of the sites yielded rich contents of rare earths and the metal yttrium, Kato said.