Zürcher Nachrichten - The Pacific island nation that wants to mine the ocean floor

EUR -
AED 4.245913
AFN 76.887634
ALL 93.218842
AMD 422.094755
AOA 1060.176801
ARS 1724.882567
AUD 1.638747
AWG 2.082489
AZN 1.97002
BAM 1.955776
BBD 2.321671
BDT 142.688227
BHD 0.434695
BIF 3451.157116
BMD 1.156136
BND 1.477082
BOB 13.69983
BRL 5.876989
BSD 1.152686
BTN 109.688637
BWP 15.558807
BYN 3.432357
BYR 22660.258427
BZD 2.318271
CAD 1.61333
CDF 2615.761404
CHF 0.93588
CLF 0.026829
CLP 1055.916879
CNY 7.801146
CNH 7.796152
COP 3633.55485
CRC 523.993489
CUC 1.156136
CUP 30.637594
CVE 110.26363
CZK 24.258158
DJF 205.267449
DKK 7.477932
DOP 67.289164
DZD 152.967099
EGP 57.380687
ERN 17.342035
ETB 186.049588
FJD 2.553384
FKP 0.857252
GBP 0.858527
GEL 3.017966
GGP 0.857252
GHS 13.526832
GIP 0.857252
GMD 84.980421
GNF 10123.874202
GTQ 8.794891
GYD 241.157003
HKD 9.067746
HNL 30.895616
HRK 7.536622
HTG 150.718127
HUF 363.096405
IDR 20580.370421
ILS 3.468234
IMP 0.857252
INR 110.076256
IQD 1509.981237
IRR 1590322.371805
ISK 142.598215
JEP 0.857252
JMD 183.057725
JOD 0.819746
JPY 182.445186
KES 149.158147
KGS 101.104505
KHR 4681.941823
KMF 492.514185
KRW 1627.677557
KWD 0.356853
KYD 0.960588
KZT 540.233287
LAK 26025.676609
LBP 103223.017367
LKR 386.635196
LRD 208.057415
LSL 18.726567
LTL 3.413768
LVL 0.699335
LYD 7.331909
MAD 10.743067
MDL 20.044751
MGA 4918.938878
MKD 61.524236
MMK 2427.363841
MNT 4157.293457
MOP 9.314584
MRU 46.338424
MUR 54.419742
MVR 17.862733
MWK 1998.775164
MXN 19.812061
MYR 4.728715
MZN 73.882892
NAD 18.726567
NGN 1577.963717
NIO 42.419473
NOK 10.99759
NPR 175.501819
NZD 1.966719
OMR 0.442445
PAB 1.152686
PEN 3.903651
PGK 5.093937
PHP 70.183258
PKR 320.014324
PLN 4.299905
PYG 6853.914834
QAR 4.213648
RON 5.244583
RSD 117.338542
RUB 94.338828
RWF 1694.978938
SAR 4.341973
SBD 9.325039
SCR 16.705092
SDG 694.263698
SEK 10.961095
SGD 1.477585
SLE 28.445176
SOS 658.791814
SRD 43.778814
STD 23929.673396
STN 24.499696
SVC 10.085875
SZL 18.722767
THB 38.210709
TJS 10.633568
TMT 4.058036
TND 3.386358
TRY 55.144784
TTD 7.812903
TWD 37.286072
TZS 3051.762079
UAH 51.625959
UGX 4293.946644
USD 1.156136
UYU 46.399423
UZS 13785.828699
VES 873.763846
VND 30295.956222
VUV 137.068136
WST 3.160546
XAF 655.948849
XAG 0.018188
XAU 0.000266
XCD 3.124515
XCG 2.077474
XDR 0.81579
XOF 655.948849
XPF 119.331742
YER 275.626884
ZAR 18.667336
ZMK 10406.612213
ZMW 21.75673
ZWL 372.275202
  • CMSC

    0.0240

    21.744

    +0.11%

  • BCC

    2.3400

    86.6

    +2.7%

  • BTI

    0.6000

    59.33

    +1.01%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • RIO

    1.4500

    101.1

    +1.43%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • GSK

    0.7900

    52.96

    +1.49%

  • NGG

    0.4700

    80.88

    +0.58%

  • JRI

    0.1500

    12.81

    +1.17%

  • RELX

    0.0485

    35.52

    +0.14%

  • BP

    -0.6000

    41.63

    -1.44%

  • VOD

    0.1900

    16.19

    +1.17%

  • AZN

    1.4100

    161.42

    +0.87%

The Pacific island nation that wants to mine the ocean floor
The Pacific island nation that wants to mine the ocean floor / Photo: William WEST - AFP

The Pacific island nation that wants to mine the ocean floor

A 1,000-tonne ship is exploring the far-flung South Pacific for riches buried beneath the waves, spearheading efforts to dredge the tropical waters for industrial deep-sea mining.

Text size:

Fringed by sparkling lagoons and palm-shaded beaches, Pacific nation the Cook Islands has opened its vast ocean territory for mining exploration.

Research vessels roam the seas searching for deposits of battery metals, rare earths and critical minerals that litter the deep ocean's abyssal plains.

The frontier industry is likened by some to a modern-day gold rush, and decried by others as environmental "madness".

AFP visited the sunburst-orange MV Anuanua Moana at the Cook Islands' sleepy port of Avatiu, where it loaded supplies before setting sail for the archipelago's outer reaches.

"The resource in our field is probably in the order of about US$4 billion in potential value," said chief executive Hans Smit from Moana Minerals, which converted the former supply ship into a deepwater research vessel.

It is fitted with chemistry labs, sonar arrays and sensors used to probe the seabed for coveted metals.

For two years it has sailed the Cook Islands, halfway between New Zealand and Hawaii, gathering data to convince regulators that deep-sea mining is safe.

While exploration is far advanced, no company has started mining on a commercial scale.

- Big business -

"I want to be mining before 2030," Smit said from the ship's tower, as whirring cranes loaded wooden crates of heavy gear below.

"Absolutely, I think that we can."

Large tracts of seabed around the Cook Islands are carpeted in polymetallic nodules, misshapen black globes encrusted with cobalt, nickel, manganese and other coveted metals.

Demand has been driven by the rise of electric vehicles, rechargeable batteries and durable alloys used in everything from construction to medicine.

The Cook Islands lay claim to one of just four major nodule deposits globally.

It is "the world's largest and richest resource of polymetallic nodules within a sovereign territory", according to Australia's University of Queensland.

Moana Minerals -- a subsidiary of a Texas-based company -- owns the rights to explore 20,000 square kilometres (7,500 square miles) within the Cook Islands' exclusive economic zone.

"If we put one mining ship on there, and we started producing metals, we will be one of the largest mines around," said Smit.

- 'Belongs to us' -

Few countries are as reliant on the ocean as the Cook Islands, a seafaring nation of some 17,000 people scattered across a chain of volcanic isles and coral atolls.

Pristine lagoons lure wealthy tourists that prop-up the economy, fridges are stocked with fish plucked from vibrant reefs, and local myths teach children to revere the sea.

Many Cook Islanders fear deep-sea mining could taint their precious "moana", or ocean, forever.

"I have seen the ship in the harbour," said tour guide Ngametua Mamanu, 55.

"Why do we need the mining stuff to destroy the oceans?"

Retiree Ana Walker, 74, feared foreign interests had come to plunder her island home.

"We think that these people are coming over to make money and to leave the mess with us."

Deep-sea mining companies tout the need for critical minerals to make electric vehicles, solar panels and other "green" technologies.

The idea holds some allure in a place like the Cook Islands, where climate change is linked to droughts, destructive cyclones and rising seas.

"If all goes well, there is good that can come out of it. Financially," said third-generation pearl farmer James Kora, 31.

"But it relies on how well we manage all those minerals. If the science says it's safe."

- 'Guinea pigs' -

Marine biologist Teina Rongo squinted into the sunlight as his small boat motored past the Anuanua Moana, an emblem of an industry he views with deep distrust.

"We were never about exploring the bottom of the ocean, because our ancestors believed it is a place of the gods," said Rongo.

"We don't belong there."

Deep-sea mining companies are still figuring the best way to retrieve nodules that can lie five kilometres (three miles) or more beneath the waves.

Most focus on robotic harvesting machines, which scrape up nodules as they crawl the ocean floor.

Critics fear mining will smother marine life with plumes of waste, and that the alien noise of heavy machinery will disrupt oceanic migrations.

Environmentalist Alanna Smith said researchers knew very little about the deep ocean.

"We'd really be the guinea pigs of this industry, going first in.

"It's a risky, risky move."

- Powerful friends -

A US-backed research expedition in the 1950s was the first to discover the "enormous fields" of polymetallic nodules in the South Pacific.

Waves of Japanese, French, American and Russian ships sailed the Cook Islands in the following decades to map this trove.

But deep-sea mining was largely a fringe idea until around 2018, when the burgeoning electric vehicle industry sent metal prices soaring.

Mining companies are now vying to exploit the world's four major nodule fields -- three in international waters, and the fourth in the Cook Islands.

The International Seabed Authority meets this month to mull rules that could pave the way for mining in international waters.

Although the Cook Islands can mine its territory without the authority's approval, it still has a stake in the decision.

The Cook Islands also own one of 17 contracts to hunt for nodules in the international waters of the Clarion-Clipperton Zone, halfway between Mexico and Hawaii.

So far, the Cook Islands has said its approach -- even in its own waters -- would be closely "aligned" with the authority's rules.

But it remains unclear if it will proceed without those regulations.

"We're not setting time frames in terms of when we want to get this started," said Edward Herman, from the Cook Islands' Seabed Minerals Authority.

"I think the time frames will be determined based on what the research and the science and the data tells us."

Many of the Cook Islands' South Pacific neighbours want to see deep-sea mining banned.

French President Emmanuel Macron delivered a scathing indictment in June, saying the "predatory" industry was environmental "madness".

But the Cook Islands has powerful friends.

It signed an agreement with China earlier this year for the "exploration and research of seabed mineral resources".

"There was a lot of noise," said Herman, referencing the backlash over the China deal.

"And obviously there's a lot of interest... whenever China engages with anyone in the Pacific.

"And we understand, we accept it, and we will continue."

I.Widmer--NZN