Strategies for the commercial development of seafloor hydrothermal deposits in consideration of International progress SCOPUS KCI

Title
Strategies for the commercial development of seafloor hydrothermal deposits in consideration of International progress
Author(s)
Park, S.-H.; Yang, H.-C.; Lee, M.-S.
KIOST Author(s)
Park, Se Hun(박세헌)Yang, Hee Cheol(양희철)Lee, Moon Suk(이문숙)
Alternative Author(s)
박세헌; 양희철; 이문숙
Publication Year
2010
Abstract
Hydrothermal deposits on deep-sea floors are expected to provide potential metal resources for future demands. Korea was recently granted a prospecting licence to undertake exploration for hydrothermal metal deposits in the exclusive economic zone (EEZ) of the Kingdom of Tonga in the Pacific Ocean. The Korean Deep Seabed Mining Group (KDSMG), which consists of four Korean companies involved in marine technologies, oil and gas shipping, and smelter industries, has conducted research to evaluate the region's resource potential in cooperation with the Ministry of Land, Transport and Maritime Affairs (MLTM) of Korea. Here we present and reflect on the exploration results of these companies and their strategic plans. We also evaluate Research and Development (R&D) progress for the commercial development of seafloor hydrothermal deposits. Our own strategies and prospects for the commercial development of this potential resource are also outlined. We do acknowledge that other potentially important information regarding the amount of ore body, the inside structure, and the metal yields have not yet been clarified sufficiently. As such it is necessary to address these problems through experimental R&D and surveys.
ISSN
1598-141X
URI
https://sciwatch.kiost.ac.kr/handle/2020.kiost/4171
DOI
10.4217/OPR.2010.32.4.475
Bibliographic Citation
Ocean and Polar Research, v.32, no.4, pp.475 - 482, 2010
Subject
Exclusive Economic Zone; feasibility study; hydrothermal deposit; metal; mineral exploration; research and development; resource development; seafloor; Korea; Tonga
Keywords
Commercial development; Exclusive economic zone of kingdom of tonga; Exploration; Feasibility study; Seafloor hydrothermal deposits
Type
Article
Language
Korean
Document Type
Article
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