Rare Earths Certain "rare earths"—a group of minerals that are essential for building gadgetry from smartphones to smart cars—are no longer looking quite so rare, after researchers found more than 16 million tons of the stuff off the coast of a tiny Japanese island. That's enough, for some of the elements, to supply the world on a "semi-infinite basis." The news boosted shares in Japanese offshore extraction companies and machinery makers. Japan Times
TSLA needs Lithium for batteries. LI is not a rare earth element. .....SQM is a buy at $50. They're about Lithium. ALB @ $90 too.
I am surprised to see these news articles today. Checking the island's Wikipedia page I read that this is already known for several years: https://en.wikipedia.org/wiki/Minami-Tori-shima