India is taking another step in its quest to find valuable minerals hidden in the depths of the ocean which could hold the key to a cleaner future. The country, which already has two deep-sea exploration licences in the Indian Ocean, has applied for two more amid increasing competition between major global powers to secure critical minerals.
Countries including China, Russia and India are vying to reach the huge deposits of mineral resources – cobalt, nickel, copper, manganese – that lie thousands of metres below the surface of oceans. These are used to produce renewable energy such as solar and wind power, electric vehicles and battery technology needed to battle against climate change.
The UN-affiliated International Seabed Authority (ISA) has issued 31 exploration licences so far, of which 30 are active. Its member countries are meeting in Jamaica this week to discuss regulations around giving out mining licences.
If the ISA approves India’s new applications, its licence count will be equal to that of Russia and one less than China. One of India’s applications seeks to explore polymetallic sulphides – chimney-like mounds near hydrothermal vents containing copper, zinc, gold and silver – in the Carlsberg Ridge of the Central Indian Ocean.
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