Manganese nodules rich in cobalt, nickel and other rare metals were found concentrated on the sea floor near Minami-Torishima island, Japan's easternmost island, according to a 21 June announcement by the University of Tokyo and the Nippon Foundation. A research team conducted a survey from April to June to extract mineral resources scattered on the seabed at depths of between 5,200 and 5,700 metres off the island, part of the Ogasawara island chain. Based on the survey, which covered 10,000 square kilometres, researchers estimate there are about 230 million tons of manganese nodules. The concretions are estimated to contain about 610,000 tons of cobalt, equivalent to 75 years of Japan's domestic consumption, and about 740,000 tons of nickel, which would keep Japan supplied for 11 years at current rates of consumption. In the experimental operation expected to start in 2025, researchers plan to collect about 2,500 tons of manganese nodules a day with an eye on securing 3 million tons a year. Cobalt, nickel and other rare metals are used in electric vehicles, smartphones and other products that require sophisticated electronics.