India has applied for two deep-sea exploration licences

India which has two deep-sea exploration licences in the Indian Ocean, has applied for two more amid increasing competition between major global powers to secure critical minerals including cobalt, nickel, copper and manganese that lie thousands of meters below the surface of oceans which could hold key to a cleaner future. These metals are used to produce renewable energy such as solar and wind power, electric vehicle batteries. The UN-affiliated International Seabed Authority (ISA) has issued 31 exploration licences so far, of which 30 are active. Its member countries are meeting in Jamaica this week to discuss regulations around giving … Continue reading India has applied for two deep-sea exploration licences