July 22, 2024 4:20 PM

India to seek licences to scout Pacific Ocean for critical minerals

India will apply for licences to explore for deep-sea minerals in the Pacific Ocean as it competes to secure supplies of minerals critical for energy transition technologies, a top government scientist told Reuters. The UN-backed International Seabed Authority (ISA) has issued 31 deep-sea exploration licences, including two for India in the Indian Ocean, but is yet to allow mining because the 36-member body is still working on regulations. The 36-member ISA council is meeting in Jamaica this m...