Uk Seabed Resources News

Norway's Loke Marine Minerals has acquired deep-sea mining firm UK Seabed Resources (UKSR) from Lockheed Martin, the companies said on Thursday.UKSR holds a 100% interest in two deep sea mineral licences in the Clarion-Clipperton Zone (CCZ) in the Pacific Ocean, and a 19.9% interest in the Ocean Mineral Singapore, licences issued by the International Seabed Authority (ISA)."We've got the approval from the UK government... Our ambition is to start extraction from 2030," Hans Olav Hide…

Mining the ocean floor for submerged minerals is a little-known, experimental industry. But soon it will take place on the deep seabed, which belongs to everyone, according to international law.Seabed mining for valuable materials like copper, zinc and lithium already takes place within countries’ marine territories. As soon as 2025, larger projects could start in international waters – areas more than 200 nautical miles from shore, beyond national jurisdictions.We study ocean policy…

Ocean Mineral Singapore Pte Ltd (OMS) has entered into a 15-year exploration contract for polymetallic nodules at a site within the Clarion-Clipperton Fracture Zone of the Pacific Ocean with the International Seabed Authority (ISA). Sponsored by the Singapore Government, OMS is the first Singaporean company to be awarded an exploration contract for polymetallic nodules. The contract signing ceremony took place between Mr Nii Allotey Odunton, Secretary-General of the ISA and Mr Ong Ye Kung, Director of OMS, and was witnessed by Guest-of-Honour, Mr Masagos Zulkifli Bin Masagos Mohamad, Minister, Prime Minister's Office and Second Minister for Home Affairs and Foreign Affairs, as well as Ambassador Tommy Koh, Singapore's Ambassador-at-Large, and Mr Loh Chin Hua, CEO of Keppel Corporation.

Ocean Mineral Singapore Pte. Ltd. (OMS) has received approval from the International Seabed Authority (ISA) on its application for its first seabed exploration licence. Over the next few months, OMS will work with ISA to finalise the terms of contract for the award of the licence. The licence will allow exploration for polymetallic nodules at a site within the Clarion-Clipperton Fracture Zone of the Pacific. OMS is a Singapore-incorporated company majority owned by Keppel Corporation, with UK Seabed Resources Ltd, a wholly owned subsidiary of London-based Lockheed Martin UK Holdings Ltd, and Singapore-based private investment company Lion City Capital Partners Pte. Ltd., as minority shareholders.

The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea (PNG) - when a wrangle over terms is solved. Beyond PNG, in international waters, regulation and royalty terms for mining the planet's subsea wealth have also yet to be finalised. The world waits for the judgement of a United Nations agency based in Jamaica. "If we can take care of the environment we have a brand new day ahead of us.

Registration for the largest-ever Oceanology International (ExCeL London, March 11-13, 2014) is now open at oceanologyinternational.com. With 520 exhibitors from 35 countries taking up over 8,000 m2 net of space, the biennial global forum is where industry, academia and government come together to share knowledge and connect with their peers in the marine technology and ocean science community, thus improving their strategies for measuring, exploiting, protecting and operating in the world’s oceans. “It is not only the exhibition that is record-breaking, we have an impressive series of eight conferences and three highly topical panel discussions planned by the industry for the industry,” explained Event Director, James Coleman of Reed Exhibitions.

Keppel Corporation forms, Ocean Mineral Singapore Pte., to explore for polymetallic nodules several kilometres beneath the ocean's surface. Polymetallic nodules contain copper, nickel, cobalt and manganese, as well as rare earth minerals, and have the potential of supplying these key metals to meet growing global demand in applications as diverse as construction, aerospace and alternative energy. OMS has applied to the International Seabed Authority (ISA) for its first seabed exploration licence which will be considered by the ISA in July. OMS is a Singapore-incorporated company majority owned by Keppel Corporation, with UK Seabed Resources Ltd…