Japanese mining and energy resources (World War II) | Wikipedia audio article
Channel: wikipedia tts
Date: 16/06/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Mining_in_Japan


00:02:30 1 Japanese fuels production (1916&#8211;1945)
00:02:44 1.1 Coal deposits
00:06:12 1.2 Oil sources
00:08:10 1.3 Natural gas
00:08:40 2 Metal Production locations
00:10:41 3 Metal sources
00:11:18 4 Non-metal elemental sources
00:11:37 5 Complex mineral sources
00:13:10 6 See also



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SUMMARY
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Mining in Japan is minimal because Japan does not possess many on-shore mineral resources. The Japanese mining industry began to rapidly decline in the 1980s. Coal production shrank from a peak of 55 million tons in 1960 to slightly more than 16 million tons in 1985, while coal imports grew to nearly 91 million tons in 1987. Domestic coal mining companies faced cheap coal imports and high production costs, which caused them chronic deficits in the 1980s. In the late 1980s, Japan's approximately 1 million tons of coal reserves were mostly hard coal used for coking. Most of the coal Japan consumed is used to produce electric power.According to the Canadian Trade Commission for Japan: "In 2012, the Government of Japan increased the credit line for the Japan Bank for International Cooperation (JBIC) by 10 trillion yen (approximately C$105 billion) to further enable the Japanese private sector to secure strategic natural resources, and expanded JBIC’s mandate to provide financial assistance for certain types of natural resource development projects in developed countries. Although this initiative has ended in June 2016, JBIC will continue this initiative to support the Japanese FDI opportunities in natural resources sector."In April 2018, it was reported that mud from the seabed off Minamitorishima Island, some 1,150 miles southeast of Tokyo had been found to contain more than 16 million tons of rare-earth oxides. This was reported to be the equivalent to 780 years' worth of yttrium supply, 620 years of europium, 420 years of terbium and 730 years of dysprosium, at current rates of global usage.