SPC Geoscience Division

Vanuatu

Newsflash

The surge in deep seabed minerals exploration interests in the Pacific Islands region in recent years has attracted much attention within and outside of the region. This could be the beginning of significant investment in the offshore minerals industry as new players have joined in the search for seabed minerals.

Apart from the region’s traditional development partners such as Australia, United Kingdom and Canada, Korea has shown great interest in exploring the potential of these seabed resources for mining.