Monday, 26 September 2016

India Receives Exclusive Rights for Exploring Strategic Minerals in Indian Ocean

SOURCE: SPTUNIK The contract will enhance India’s presence in the Indian Ocean where China, Korea and Germany are already active.India has signed a 15-year contract with the International Seabed Authority (ISA) for exploration of Poly-Metallic Sulphides in the Indian Ocean. Poly-Metallic Sulphides (PMS) are precipitates of hot fluids from upwelling hot magma from the deep interior of the oceanic crust. They contain iron, copper, […]

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