The Korea Ocean Research and Development Institute (KORDI), rated among the world’s top ten such research institutions, is ready to explore Fiji’s deep sea mineral wealth.

After the issue of its deep sea mineral exploration licence by the Ministry of Lands and Mineral Resources late last month, its survey ship ARAON is now docked at the Kings Wharf in Suva.

The institute is keen to explore the Lau Basin after polymetallic sulphide deposits were discovered in the area.

Source: Fiji Sun, 27th April, 2011