Data available to date indicates that the seabed of Marshall Islands is rich in rare metals like cobalt and titanium, as well as nickel and platinum. The prices of nickel, and platinum have more than tripled in the past 5 years, making it attractive to further investigate opportunities in these minerals.
Technology is constantly evolving that should make exploitation of deep-sea mineral a possibility. OCI is working closely with organizations like International Seabed Authority and SOPAC to exploit these opportunities.
NOTE: The Above Policy & Legislation are awaiting RMI Parliament’s approval in the August 2015 Parliament cessian.
Database is now available for seabed of Marshall Islands.
Google Earth Placemark Mean:
YELLOW DOT –
The report outlines survey sites where voyages did sonar and took samples
There were 13 sites in total that were investigated 12:08 PM At each site there may have been one sample or multiple samples.
The surveys were done over a few years by a number of organisations.
SPC SOPAC has a summary for RMI in the DSM register that highlights each of these sights 12:09 PM this does not include work
done by US Geological Survey (USGS) after 2002.
It is for known investigations between 1996 and 2002.
Korea, Japan and SPC SOPAC partnerships.
GREEN DOT –
Placemark it to the atolls and the islands.
(Click Link below and follow DOT color info)