Berliner Boersenzeitung - The battle over mining mineral-rich deep sea 'nodules'

EUR -
AED 3.826681
AFN 70.961758
ALL 98.138602
AMD 405.652886
ANG 1.877182
AOA 951.190259
ARS 1045.720247
AUD 1.602814
AWG 1.877897
AZN 1.775245
BAM 1.955573
BBD 2.102956
BDT 124.465544
BGN 1.955294
BHD 0.392554
BIF 3076.642669
BMD 1.041829
BND 1.403837
BOB 7.197164
BRL 6.043693
BSD 1.041579
BTN 87.914489
BWP 14.229347
BYN 3.408604
BYR 20419.848375
BZD 2.099456
CAD 1.456529
CDF 2991.091432
CHF 0.930957
CLF 0.036923
CLP 1018.83097
CNY 7.54601
CNH 7.562783
COP 4573.368835
CRC 530.538382
CUC 1.041829
CUP 27.608468
CVE 110.252195
CZK 25.343745
DJF 185.478458
DKK 7.457729
DOP 62.772709
DZD 139.835759
EGP 51.726992
ERN 15.627435
ETB 127.508391
FJD 2.371151
FKP 0.822333
GBP 0.831435
GEL 2.855018
GGP 0.822333
GHS 16.456089
GIP 0.822333
GMD 73.970229
GNF 8977.957272
GTQ 8.040066
GYD 217.904692
HKD 8.110066
HNL 26.320943
HRK 7.431636
HTG 136.72412
HUF 411.522823
IDR 16610.452733
ILS 3.856892
IMP 0.822333
INR 87.968134
IQD 1364.44153
IRR 43834.955489
ISK 145.523076
JEP 0.822333
JMD 165.930728
JOD 0.738765
JPY 161.244275
KES 134.884334
KGS 90.122166
KHR 4193.512952
KMF 492.268155
KPW 937.645704
KRW 1463.259646
KWD 0.320727
KYD 0.867999
KZT 520.059599
LAK 22878.342838
LBP 93271.167197
LKR 303.144792
LRD 187.998165
LSL 18.795317
LTL 3.076251
LVL 0.630192
LYD 5.086409
MAD 10.478083
MDL 18.997794
MGA 4861.435378
MKD 61.522855
MMK 3383.819949
MNT 3540.134882
MOP 8.35093
MRU 41.443187
MUR 48.810083
MVR 16.10707
MWK 1806.090235
MXN 21.283008
MYR 4.654932
MZN 66.583684
NAD 18.795317
NGN 1767.675143
NIO 38.325549
NOK 11.53576
NPR 140.663663
NZD 1.785942
OMR 0.400943
PAB 1.041579
PEN 3.949541
PGK 4.193513
PHP 61.404399
PKR 289.239507
PLN 4.337676
PYG 8131.055634
QAR 3.798559
RON 4.978071
RSD 116.991412
RUB 108.671879
RWF 1421.834864
SAR 3.911473
SBD 8.734231
SCR 14.272055
SDG 626.663972
SEK 11.497837
SGD 1.402931
SHP 0.822333
SLE 23.68116
SLL 21846.638123
SOS 595.230868
SRD 36.978718
STD 21563.75683
SVC 9.113941
SYP 2617.626467
SZL 18.788818
THB 35.922648
TJS 11.092512
TMT 3.646401
TND 3.309016
TOP 2.440072
TRY 35.9978
TTD 7.074178
TWD 33.946439
TZS 2770.578216
UAH 43.089995
UGX 3848.553017
USD 1.041829
UYU 44.294855
UZS 13362.448044
VES 48.506662
VND 26482.251319
VUV 123.688032
WST 2.90836
XAF 655.880824
XAG 0.033274
XAU 0.000384
XCD 2.815595
XDR 0.792308
XOF 655.880824
XPF 119.331742
YER 260.379151
ZAR 18.915093
ZMK 9377.71492
ZMW 28.772658
ZWL 335.468513
  • RIO

    -0.2200

    62.35

    -0.35%

  • SCS

    0.2300

    13.27

    +1.73%

  • CMSC

    0.0320

    24.672

    +0.13%

  • BCC

    3.4200

    143.78

    +2.38%

  • BTI

    0.4000

    37.38

    +1.07%

  • CMSD

    0.0150

    24.46

    +0.06%

  • BCE

    0.0900

    26.77

    +0.34%

  • JRI

    -0.0200

    13.21

    -0.15%

  • NGG

    1.0296

    63.11

    +1.63%

  • RELX

    0.9900

    46.75

    +2.12%

  • RYCEF

    -0.0100

    6.79

    -0.15%

  • GSK

    0.2600

    33.96

    +0.77%

  • AZN

    1.3700

    65.63

    +2.09%

  • BP

    0.2000

    29.72

    +0.67%

  • VOD

    0.1323

    8.73

    +1.52%

  • RBGPF

    59.2400

    59.24

    +100%

The battle over mining mineral-rich deep sea 'nodules'
The battle over mining mineral-rich deep sea 'nodules' / Photo: Handout - National Oceanography Centre / Smartex project (NERC)/AFP

The battle over mining mineral-rich deep sea 'nodules'

They might look like pebbles strewn across the seafloor, but to the unique animals of the ocean deep, polymetallic nodules are a crucial habitat.

Text size:

To the mining firms vying to extract them, on the other hand, they promise to be a "battery in a rock".

This month at a week-long meeting of the International Seabed Authority (ISA), those opposed to mining the nodules suffered a serious setback when they failed to take a first step toward an international moratorium on the controversial practice.

And on Tuesday a Nauru-backed company told AFP it would forge ahead with contentious plans to start industrial deep-sea mining in the Pacific in 2026, vowing to overcome environmental criticisms that have dogged the project.

The contract is for NORI (Nauru Ocean Resources Inc), a subsidiary of Canada's The Metals Company.

- Ancient -

Polymetallic nodules are most abundant in the Clarion-Clipperton Zone (CCZ) -- off the west coast of Mexico -- as well as in the central Indian Ocean and in the Peru Basin in the South Pacific, according to the ISA.

The nodules, found on the seafloor several kilometers below the surface, were probably formed over millions of years.

They likely started off as solid fragments -- perhaps a shark tooth -- that sank down to the soft muddy seabed, then grew slowly through the accumulation of minerals present in the water in extremely low concentrations.

Today, they reach up to 20 centimeters (nearly 8 inches) in size -- "metal pebbles", according to the French Research Institute for Exploitation of the Sea.

Adrian Glover, of Britain's Natural History Museum, thinks of them as like "potatoes" scattered on the seabed, roughly 15 to 20 kilograms (33 to 44 pounds) of them per square metre.

One of the reasons why the nodules have never been buried under the mud in the Pacific is because the sea is food poor, with fewer dead organisms drifting down to the depths.

The nodules were first recovered from the Pacific deep in the 1870s by the British Challenger expedition, which used thousands of meters of hemp rope, a steam-powered winch and plenty of manpower to dredge the westerly part of the CCZ.

"Straightaway they realised they were very interesting, it was actually one of the biggest discoveries of the voyage for them," said Glover.

But they were not considered to be a "resource", he added.

More than 30 countries have called for a moratorium on deep sea mining, including France, Canada, Chile, Brazil and the United Kingdom.

Adding to environmentalists' concerns is a new study, published last month, showing that these mineral-rich nodules that mining companies wish to harvest produce oxygen, which is vital for sealife.

- 'Clean' power? -

Multiple companies have lined up exploratory contracts and pursued tests for these nodules. One of these is NORI, whose contract covers four zones totalling some 75,000 square kilometers (about 30,000 square miles) in the CCZ.

These nodules are mainly composed of manganese and iron, but they also contain strategic minerals such as cobalt, nickel and copper.

According to the ISA, the CCZ contains around 21 billion metric tons of nodules, which could correspond to a reserve of six billion metric tons of manganese, 270 million metric tons of nickel and 44 million metric tons of cobalt, exceeding the known totals of these three minerals on land.

Advocates of undersea mining point to their potential use for green technology, particularly for electric vehicles.

"A battery in a rock," said The Metals Company.

"Polymetallic nodules are the cleanest path toward electric vehicles."

But that is an argument rejected by environmental NGOs and some scientists.

This claim is "more public relations than scientific fact", Michael Norton, of the European Academies' Science Advisory Council, told AFP, calling it "rather misleading" to say that demand cannot be met without undersea minerals.

- Impact fears -

Unlike the other two types of subsea mining resources regulated by the ISA -- including the mining of hydrothermal vents -- nodules do not require digging or cutting.

In tests carried out at the end of 2022, NORI lowered a collector vehicle to a depth of 4.3 kilometers (about 2.7 miles).

It swallowed nodules and sediment and then separated them, transporting the nodules to the surface vessel via a giant pipe and discharging the sediment into the water.

Catherine Weller, global policy director at the conservation organization Fauna & Flora, said that while the nodules are lying on the seafloor, they cannot just be "plucked" individually.

The impacts on the wider ocean system of churning up sediment and releasing wastewater was "simply unknown", she added.

Weller said the unique composition of the nodules which attracts mining firms is also what makes them such a special habitat for the creatures that live in the ocean depths.

(L.Kaufmann--BBZ)