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

EUR -
AED 4.273873
AFN 76.929105
ALL 96.379067
AMD 444.029165
ANG 2.083178
AOA 1067.159907
ARS 1669.272238
AUD 1.756871
AWG 2.097662
AZN 1.979007
BAM 1.953746
BBD 2.344035
BDT 142.270396
BGN 1.955457
BHD 0.438721
BIF 3450.522479
BMD 1.163751
BND 1.509219
BOB 8.070548
BRL 6.320677
BSD 1.163776
BTN 104.758292
BWP 15.482786
BYN 3.365775
BYR 22809.524649
BZD 2.340649
CAD 1.612779
CDF 2597.492788
CHF 0.939101
CLF 0.027377
CLP 1074.002511
CNY 8.229703
CNH 8.229217
COP 4447.857307
CRC 568.302402
CUC 1.163751
CUP 30.839408
CVE 110.730605
CZK 24.29028
DJF 206.822123
DKK 7.468604
DOP 74.771025
DZD 151.366954
EGP 55.248856
ERN 17.456269
ETB 180.916335
FJD 2.643812
FKP 0.872848
GBP 0.873441
GEL 3.136298
GGP 0.872848
GHS 13.336175
GIP 0.872848
GMD 85.546628
GNF 10111.253446
GTQ 8.914626
GYD 243.48501
HKD 9.054869
HNL 30.651768
HRK 7.533312
HTG 152.379765
HUF 384.868819
IDR 19409.043474
ILS 3.752108
IMP 0.872848
INR 104.908859
IQD 1524.596811
IRR 49023.021981
ISK 148.913831
JEP 0.872848
JMD 186.573808
JOD 0.825087
JPY 181.472459
KES 150.414828
KGS 101.769946
KHR 4661.987879
KMF 491.10353
KPW 1047.375979
KRW 1710.377003
KWD 0.357377
KYD 0.969884
KZT 594.694649
LAK 25239.567778
LBP 104218.856453
LKR 359.122365
LRD 205.414879
LSL 19.76172
LTL 3.436255
LVL 0.703942
LYD 6.32435
MAD 10.750995
MDL 19.732335
MGA 5189.56521
MKD 61.575251
MMK 2443.911415
MNT 4128.95989
MOP 9.326693
MRU 46.412195
MUR 53.672293
MVR 17.922294
MWK 2018.086552
MXN 21.261474
MYR 4.786468
MZN 74.375604
NAD 19.76172
NGN 1687.974768
NIO 42.824967
NOK 11.789138
NPR 167.613466
NZD 2.01475
OMR 0.447463
PAB 1.163781
PEN 3.914684
PGK 4.938807
PHP 68.853362
PKR 328.919325
PLN 4.23787
PYG 8003.583833
QAR 4.242039
RON 5.08815
RSD 117.38526
RUB 89.084365
RWF 1693.31939
SAR 4.367717
SBD 9.578362
SCR 16.246878
SDG 699.998259
SEK 10.94081
SGD 1.510321
SHP 0.873115
SLE 27.58248
SLL 24403.279831
SOS 663.904724
SRD 44.989458
STD 24087.301428
STN 24.474264
SVC 10.183292
SYP 12867.40098
SZL 19.756225
THB 37.123534
TJS 10.677872
TMT 4.084767
TND 3.418505
TOP 2.802034
TRY 49.539023
TTD 7.884743
TWD 36.277034
TZS 2851.190884
UAH 49.062908
UGX 4117.670065
USD 1.163751
UYU 45.462194
UZS 13954.326331
VES 299.789534
VND 30676.48315
VUV 141.795037
WST 3.245248
XAF 655.270765
XAG 0.020015
XAU 0.000278
XCD 3.145096
XCG 2.097494
XDR 0.81481
XOF 655.267953
XPF 119.331742
YER 277.613186
ZAR 19.828029
ZMK 10475.158382
ZMW 26.912815
ZWL 374.72743
  • RBGPF

    0.8500

    79.2

    +1.07%

  • CMSC

    -0.2100

    23.22

    -0.9%

  • CMSD

    -0.0800

    23.17

    -0.35%

  • RYCEF

    0.3100

    14.8

    +2.09%

  • RIO

    -0.0400

    73.02

    -0.05%

  • SCS

    -0.0200

    16.12

    -0.12%

  • NGG

    -0.0800

    75.33

    -0.11%

  • GSK

    0.0600

    48.47

    +0.12%

  • VOD

    0.0300

    12.5

    +0.24%

  • BCC

    -1.2400

    71.81

    -1.73%

  • JRI

    -0.0700

    13.72

    -0.51%

  • AZN

    1.1000

    91.28

    +1.21%

  • BTI

    0.4000

    57.41

    +0.7%

  • BCE

    -0.2100

    23.34

    -0.9%

  • RELX

    -0.8400

    39.48

    -2.13%

  • BP

    -0.0500

    35.78

    -0.14%

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)