Source: The Japan Times
The deep oceans span more than half the globe and their frigid depths have long been known to contain vast, untapped deposits of prized minerals. These treasures of the abyss, however, have always been out of reach to miners.
But now, the era of deep seabed mining appears to be dawning fueled by technological advances in robotics and dwindling land-based deposits. Rising demand for copper, cobalt, gold and the rare-earth elements vital in manufacturing smartphones and other high-tech products is causing a prospecting rush to the dark seafloor thousands of meters (yards) beneath the waves.
With authorities at the Jamaica-based International Seabed Authority issuing exploration contracts, alarmed conservationists are warning that the deep ocean’s fragile biodiversity must be protected and not nearly enough is known about the risks of extracting minerals from seabeds.