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Japan to invest $3 billion to deep-sea mine for gold, silver and rare metals

January 14, 2011

Japanese government to develop a mining system, using the world’s first deep-sea mining robot to do the excavation, to mine gold, silver and rare metals in Japanese territorial waters, which will then be transported to a support ship on the surface via a pipe.

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series... read more

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