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manganese-investing

Exploration for Manganese Nodules in Pacific Ocean Not Supportive of Sustainable Mining

Investing News Network
Mar. 27, 2013 06:54AM PST
Battery Metals Investing

The Globe and Mail reported that some countries have been granted exploration licences to mine the ocean floor in the central Pacific for manganese nodules. However, some contend that the current state of the technology that will be used to complete this task could be problematic.

The Globe and Mail reported that some countries have been granted exploration licences to mine the ocean floor in the central Pacific for manganese nodules. However, some contend that the current state of the technology that will be used to complete this task could be problematic.

As quoted in the market report:

Manganese-nodule mining would mean disturbing something like 200 square kilometres per year, so you can imagine what would happen to the central Pacific. This would greatly influence biological communities and I think it would be totally unacceptable with current technology.

To view the whole Globe and Mail report, click here.

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