For the last decade, next-generation batteries have been the motivating force for the deep-sea mining industry. The electrification of the world’s vehicle fleets to wean society off of fossil fuels has created huge demands for cobalt, nickel, and other metals necessary for high-density batteries. The demand has placed the green revolution in a position where […]
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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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DAVID SHUKMAN on BBC NEWS | 11 April 2017 “Their investigation of a seamount more than 500km (300 miles) from the Canary Islands has revealed a crust of “astonishingly rich” rock. Samples brought back to the surface contain the scarce substance tellurium in concentrations 50,000 times higher than in deposits on land. Tellurium is used […]
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