India will apply for licences to explore for deep-sea minerals in the Pacific Ocean. The UN-backed International Seabed Authority (ISA) has issued 31 deep-sea exploration licences, including two for India in the Indian Ocean, but is yet to allow mining because the 36-member body is still working on regulations.
- China, Russia, and some Pacific Island nations have already secured exploration licences for the Pacific Ocean. India plans to focus on the Clarion-Clipperton Zone.
- The Clarion-Clipperton Zone is a vast plain between Hawaii and Mexico known to hold large volumes of polymetallic nodules containing minerals used in electric vehicles and solar panels including manganese, nickel, copper, and cobalt.
- India also expects to receive two more exploration permits from the ISA this year for the Indian Ocean, focused on the Carlsberg Ridge and Afanasy-Nikitin Seamount regions, known for polymetallic sulphide deposits.
- Polymetallic sulphide deposits contain metals such as copper, gold, silver and zinc. Ferromanganese crusts are known for cobalt, nickel, manganese, platinum and rare earth elements among other resources.