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Consumption of raw materials such as copper, manganese, cobalt and nickel has tripled during the past 20 years and is expected to continue to rise at the same rate. Concurrently, land based reserves are becoming increasingly difficult to explore, exploration cost will rise steadily and the effects on our environment raise deep concerns.
On the other hand, the ocean floors are scattered with immense reserves of these strategic ores and because of the great depth, the |
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