China Looks to Deep Sea Cobalt Mining

IBTimes reported that China is considering deep sea exploration for polymetallic deposits and cobalt.

As quoted in the market news:

China has also applied to explore for cobalt in a new area in the Pacific Ocean, Sun said, noting the country’s underwater mining search operations has covered more than 80,000 square kilometers of the Pacific and Indian oceans’ floors.

Click here to read the full IBTimes report.