Australian Mining | 12 December 2018
Nautilus Minerals’ production support vessel (PSV) has been acquired by Indian company MDL Energy in a blow to Nautilus’ deep-sea mining plans.
The in-construction PSV is a cornerstone of the Canadian company’s plans for its Solwara 1 deep sea mining project in Papua New Guinea.
The Solwara 1 project is an underwater mining project using heavy vehicles called seafloor production tools (SPTs) for sulphide extraction (primarily gold, silver and copper) from the Bismarck Sea, offshore Papua New Guinea.
Read the full article here: Nautilus deep sea mining plans in doubt over vessel conflict.