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 twenty nine (29) contractors.

Seventeen of these contracts are for exploration for polymetallic nodules in the Clarion-Clipperton Fracture Zone (16) and Central Indian Ocean Basin (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 Russian Federation
Contract Start:
October 29, 2012
Contract End:
October 28, 2027
Sponsoring State:
Russian Federation
Location:
Mid-Atlantic Ridge
China Ocean Mineral Resources Research and Development Association
Contract Start:
November 18, 2011
Contract End:
November 17, 2026
Sponsoring State:
China
Location:
Southwest Indian Ridge

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