Subsea mining moves closer to shore

The demand for raw materials is rising continuously, forcing mining companies to use lower-grade ores and to explore at greater depths. This could lead to a decline in production in the coming decades. Many industrialized economies also depend on imports of metals for their high-tech industries. Some of these metals occur in ore deposits that are found only in a few countries. In order to ensure a supply of these so-called critical metals, deep-sea deposits have been considered as possible alternatives for some time.