{"id":23479,"date":"2021-12-21T13:15:00","date_gmt":"2021-12-21T13:15:00","guid":{"rendered":"https:\/\/abl-group.com\/abl\/?p=23479"},"modified":"2022-01-07T03:41:21","modified_gmt":"2022-01-07T03:41:21","slug":"under-the-sea-mining","status":"publish","type":"post","link":"https:\/\/abl-group.com\/abl\/all-media\/blog\/mining\/under-the-sea-mining\/","title":{"rendered":"Under the Sea Mining"},"content":{"rendered":"\n

Our Keelan Mooney writes in a series of blog posts<\/a> exploring how mining will play its part in the race for a carbon-neutral world. He will look at how mining is changing and the challenges for both the mining sector and the insurance world. Here, in part six, Keelan will look into whether the much talked about undersea mining has a place in our future.<\/p>\n\n\n\n

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With the drive for increased metals such as copper, zinc, or manganese to use in the advancement of green energy technologies such as wind turbines, solar panels, and electric storage batteries, an alternate mining solution is being studied in the presence of the decrease of terrestrial deposits.<\/p>\n\n\n\n

While the mining of alluvial deposits is not new as it is currently done, for example, by Debswana, who mine alluvial diamonds off the coast of Namibia, deep-sea mining is classified as mining below 200 meters from the ocean surface. This area has been classified as the world\u2019s largest untapped collection of rare-earth elements. Mining this area is accomplished by scraping and vacuuming the seafloor, which introduces new risks; technological, environmental, and economic.<\/p>\n\n\n\n

Although this is still being studied and data is being collected, seabed mining provides the following challenges required to overcome for it to be successful:<\/p>\n\n\n\n