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Germany seeks permit to explore sea bed off Madagascar for minerals
Published in Saudi Press Agency on 28 - 12 - 2013


Germany has applied for a license to mine
raw materials in the Indian Ocean in the race for excavating valuable
minerals from under the sea-bed, according to dpa.
The license costs 500,000 dollars and would secure Germany exclusive
access for at least 15 years to about 10,000 square kilometres
south-east of Madagascar, the Federal Institute for Geosciences and
Natural Resources said.
Researchers with the institute travelled for a third time on board a
ship called Sonne, which means sun in German, to the area from
October to explore for metal ores found in hydrothermal fields on
deep-sea beds.
Sulphides there contain large concentrations of metals that include
gold, silver and large numbers of elements used to produce computers,
mobile phones, televisions and wind turbines.
Sea bed mining has yet to be started anywhere in the world, but a
handful of countries and private companies are preparing to undertake
it.
Germany already holds exploration licenses in the Pacific. The
projects are aimed at acquiring politically secure access to raw
materials and encouraging German technological development, said
Christian Reichert, the head of the institute's division on sea-bed
exploration.
The Jamaica-based International Seabed Authority is responsible for
issuing licenses for commercial exploration of the ocean floor
outside national boundaries.
Other countries that have been granted licenses are China, Russia,
France, South Korea and India as well as a consortium made up of
Bulgaria, Cuba, the Czech Republic, Poland, Russia and Slovakia.
Companies from Japan, Nauru, Tonga, Kiribati, Britain and Belgium
have also been granted permits.


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