India relies on “blue economy” to satisfy its considerable needs of rare metals

New Delhi launched a mission of more than 460 million euros to develop mining in deep waters.

by Sophie Landrin (New Delhi, correspondent)

A maritime facade of 7,517 kilometers long, 1,382 islands, India has gold under the feet, or rather a potential deposit of exceptional ores in its abyss, that the government is determined to exploit, Despite the inherent ecological risks. In June 2021, New Delhi launched a mission called Deep Ocean, with a budget of more than 460 million euros over five years, for the development of mining technologies in deep waters, the exploration of resources, The study of marine biodiversity, the purchase of a research vessel for the exploration of the oceans, research on climate change of the oceans.

The subcontinent joined in 2016 the square of the countries authorized to explore the abyss, by obtaining the 25 e allowed by the International Authority for United Nations Seabed. It was awarded a site of 75,000 square kilometers in the Central Basin of the Indian Ocean, corresponding to its enlarged exclusive economic zone. India will be able to explore its marine resources such as polymetallic sulfides and nodules, gas hydrates, hydrothermal chimneys.

/Media reports cited above.