Why China needs allies in the next mining frontier – the ocean floor
A battle is heating up over the extraction of minerals from seabeds and Beijing needs allies to win it, researchers say
“[China should] strengthen the strategic consensus among pro-development advocates; enhance scientific exchange and technological innovation between countries such as China, Russia, South Korea, Japan, and India; and build transnational cooperation platforms in the deep sea domain,” the researchers from Shandong University’s school of Northeast Asia studies said in the August issue.
China could also sign deals on maritime cooperation and ocean development with Latin American, African, and Pacific Island nations to ignite interest in the area, they added.
The ocean floor is shaping up to be the world’s next battleground of resource competition, with deposits of essential minerals such as nickel, copper, cobalt and manganese in seabeds around the world.