Deep Seabed Minerals Contractors

OVERVIEW

The International Seabed Authority has entered into 15-year contracts for exploration for polymetallic nodules, polymetallic sulphides and cobalt-rich ferromanganese crusts in the deep seabed with thirty (30) contractors.

Eighteen of these contracts are for exploration for polymetallic nodules in the Clarion-Clipperton Fracture Zone (16), Central Indian Ocean Basin (1) and Western Pacific Ocean (1). There are seven contracts for exploration for polymetallic sulphides in the South West Indian Ridge, Central Indian Ridge and the Mid-Atlantic Ridge and five contracts for exploration for cobalt-rich crusts in the Western Pacific Ocean.

The conclusion of contracts allow these contractors to explore specified parts of the deep oceans outside national jurisdiction. Read more

Government of the Republic of Korea
Contract Start:
April 27, 2001
Contract End:
April 26, 2016
Extension:
April 27, 2016
End:
April 26, 2021
Sponsoring State:
Republic of Korea
Location:
Clarion-Clipperton Fracture Zone
JSC Yuzhmorgeologiya
Contract Start:
March 29, 2001
Contract End:
March 28, 2016
Extension:
March 29, 2016
End:
March 28, 2021
Sponsoring State:
Russian Federation
Location:
Clarion-Clipperton Fracture Zone
Interoceanmetal Joint Organization
Contract Start:
March 29, 2001
Contract End:
March 28, 2016
Extension:
March 29, 2016
End:
March 28, 2021
Sponsoring State:
Bulgaria, Cuba, Czech Republic, Poland, Russian Federation and Slovakia
Location:
Clarion-Clipperton Fracture Zone

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