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Tuesday, April 30, 2024

India’s Deep Ocean Mission to boost the mineral supply for country’s Electric vehicle revoluti ... - The Indian Wire

Last updated Sunday, November 21, 2021 02:28 ET , Source: NewsService

Ever since UN allotted India, a staggering 75,000 square kilometers in the Central Indian Ocean Basin (CIOB), India has not stopped boasting of its potential.

It is wonderful to note that about 70 per cent of our planet comprises of water, of which 90 per cent is the deep sea. It is a world that remained unexplored for a long time.

Hence it could harbor oldest of the living souls on the planet from tiniest of planktons to largest of whales.

The Government launched Deep Ocean Mission (DOM)with a corpus amount of Rs. 4077 crores to be utilized in the next 5 years, putting every penny to use in search of more and more inside the deeper Ocean basins lying within Indian control.

It has been estimated that even a mere 10% of trapping out of this large reserve sanctioned to India can drive the energy demand of India (that is constantly rising) for the next 100 years to come.

Therefore, the government facilitated an Integrated Mining System to facilitate prospection and collection of the hard found Poly metallic nodules (PMNs).

These compose of minerals with grave economic and strategic importance: manganese, iron, nickel, copper, cobalt, lead, molybdenum, cadmium, vanadium, titanium, nickel, cobalt and copper.

An estimate from the Ministry of Earth Sciences, has claimed that the PMN resource potential in the area stands at 380 million tonnes (MT): containing 4.7 MT of nickel, 0.55 MT of cobalt, 4.29 MT of copper and 92.59 MT of manganese.

A few proponents have claimed these PMNs...



Read Full Story: https://www.theindianwire.com/environment/indias-deep-ocean-mission-to-boost-the-mineral-supply-for-countrys-electric-vehicle-revolution-what-shall-we-know-about-it-323434/

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