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Underwater mining is a form of mineral extraction that takes place on the ocean floor. It is a relatively new industry, with the first commercial operations beginning in the late 1990s. The process involves the use of remotely operated vehicles (ROVs) to extract minerals from the seabed. These ROVs are equipped with a variety of tools, such as drills, dredges, and suction systems, to extract the minerals. The minerals extracted from underwater mining operations are typically used in the production of metals, such as copper, nickel, and zinc.
Underwater mining has the potential to provide a sustainable source of minerals, as it does not require the destruction of land or the displacement of people. It also has the potential to reduce the environmental impact of traditional mining operations, as it does not require the use of large amounts of energy or water.
Some of the companies involved in the underwater mining market include Nautilus Minerals, Neptune Minerals, DeepGreen Metals, and Ocean Minerals. Show Less Read more