Jennifer Cook Clark

Toward the Development of a Regulatory Framework for Polymetallic Nodule Exploitation in the Area Jennifer Cook Clark

Renewed interest in the potential for commercial exploitation of deep seabed polymetallic nodules has resulted from the following factors; a) a dramatic increase in demand for metal; b) an equally dramatic rise in metal prices; c) the high profitability of mining sector companies; d) a decline in the tonnage and grade of land-based nickel, copper and cobalt sulphide deposits; and e) technological advances in deep seabed mining and processing.