Outside In | As China leads the hunt for deep-sea minerals, environmental and financial concerns come to the surface
David Dodwell says China is putting money into undersea mining in the hope of maintaining the supply of minerals that make much of today’s technology possible, but such endeavours may threaten marine ecosystems we know little about
For decades, the quest for riches scoured from our oceans has been the stuff of fiction. Back in 1974, the CIA hoaxed the world by saying they were launching Project Azorian, a Pacific Ocean search for mineral-rich manganese nodules 4,900m deep. In fact, they were secretly looking for – and indeed found – the sunken Soviet submarine K-129.
In reality, the cost and uncertainty of deep-sea exploration has frustrated all attempts to begin plundering the assets in the oceans. Until now.
The argument for seabed mining of minerals like nickel, cobalt, copper and manganese, increasingly in demand to make mobile phones, batteries and solar panels, has been well-articulated. For example, global demand for nickel currently sits at 2 million tonnes a year, and is expected to rise to 4 million by 2030.
