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Cook Islands

Cook Islands Partners to Explore Pacific Bounty

The government of the Cook Islands, through the Cook Islands Investment Corporation (CIIC), entered into an agreement in September with U.S. based Ocean Minerals, LLC (OML) for the exclusive right for up to 18 months to prospect and explore high value polymetallic nodules over approximately 23,000 square kilometers of the Cook Islands Exclusive Economic Zone […]

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Cook Islands seabed minerals deal

Cook Islands signs seabed minerals deal

RASHNEEL KUMAR on COOK ISLANDS NEWS | 3 October 2017 “In a deal worth $100,000, OML has reserved around 23,000 square kilometres, or 1.2% of the Cook Islands Exclusive Economic Zone (EEZ) containing high value polymetallic (manganese) nodules for up to 18 months. This gives the company the exclusive right to apply to undertake prospecting […]

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low-carbon future

World Bank: Minerals to Play Significant Role in Low-Carbon Future

A June 2017 report from the World Bank highlights the role that minerals and metals will play in a low-carbon future.  The report “The Growing Role of Minerals and Metals for a Low-Carbon Future”  asserts that the rise of green energy technologies is expected to lead to growth in demand for minerals and metals such […]

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World Bank

Clean Energy Transition Will Increase Demand for Minerals, says new World Bank report

WASHINGTON, July 18, 2017 – A new report released today by the World Bank highlights the potential impacts that the expected continuing boom in low-carbon energy technologies will have on demand for many minerals and metals. Using wind, solar, and energy storage batteries as key examples of low-carbon or “green” energy technologies, the report, “The […]

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