Nautilus operation
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UK firm in deep sea mining plan for minerals

A British company has announced that it is planning to exploit a new and controversial frontier in the search for valuable minerals, by mining the sea bed in the Pacific Ocean.

UK Seabed Resources, a subsidiary of the British arm of Lockheed Martin, hopes to extract so-called nodules - small lumps of rock - from the ocean floor.

High prices for copper, gold and rare earth minerals, all vital for modern electronics, have triggered a rush to find new sources.

David Shukman reports.

  • 14 Mar 2013
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