China to Develop Deep-Sea Mining Technology by 2030

 

Industrial deep-sea mining in China can begin as early as 2030, stated the former head of the State Oceanic Administration.

China Daily quoted Sun Zhihui as saying: “With the improvement in deep-sea technology, metal resources under the ocean can be explored and mined within 20 years.”

China was among the first group of countries which gained authorization from International Seabed Authority to look for polymetallic sulphide deposits in the ocean.

According to Sun, the country already explored more than 80,000 square kilometers of the floor of the Pacific and Indian oceans.

Xiang Jianhai, scientist at the Institute of Oceanology under the Chinese Academy of Sciences, said that the current research will provide the technology and geological information for future mining.

Scientists estimate that about 480 million to 13.5 billion tons of polymetallic nodules can be commercially mined, Science and Technology Daily reported.

Polymetallic nodules on the seabed contain metals such as cobalt, manganese, iron, nickel and aluminum, which have huge economic potential.

Improving the legal system relating to deep-sea mining and exploration was the key work of the State Oceanic Administration, Liu Cigui, administration director, said at the administration’s annual convention in December.

The total output value of China’s marine-based sectors was 3.2 trillion yuan ($508 billion) in 2009, accounting for 9.5 percent of the state’s GDP, according to the administration’s website.

Subsea World News Staff , May 29, 2012

 

Share this article

Follow Subsea World News

Events>

<< Feb 2017 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 1 2 3 4 5

NGV Global 2017

The NGV GLOBAL 2017 Conference will bring together leaders in the world natural gas for vehicles to discuss current trends, development…

read more >

40th Annual Offshore Pipeline Technology Conference 2017

The conference will cover areas like discuss on pipeline integrity management and life extension strategies for better operational outcomes…

read more >

SNS2017 – The Southern North Sea Conference & Exhibition

EEEGR’s flagship Southern North Sea conference is taking place over two days at the Norfolk Showground Arena in Norwich…

read more >

MEOS 2017

The conference typically features over 300 high quality technical presentations, a series of panel sessions led by presidents, vice presidents…

read more >