5min chapter

Catalyst with Shayle Kann cover image

Mining the deep sea

Catalyst with Shayle Kann

CHAPTER

The Economics of Seabed Resources

The grade of seabed resources is generally higher than the grade of land-based resources. In something like C. phleumaseous sulfides, the grade can be 10 times as high as a typical terrestrial copper mine. The last thing I think that's really important to consider is feasibility. And in the mining world, that relates to how you define the value of the resource. So if you're looking at stock exchange rules in particular, all of the major stock exchanges have mineral resource definition rules. They take into account both of those things.

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