Cook Islands Seabed Minerals Authority
Runanga Takere Moana
man-reading-newspaper-6053.jpg

News & Press Releases

 
 

You can read all the latest news and updates on the Cook Islands seabed minerals sector here.

 
Posts tagged Electric Vehicle Batteries
Seabed mining must be ‘commercially viable’ in order to proceed: PM Brown

Prime Minister Mark Brown has acknowledged economic concerns about seabed mining, emphasising that the government will only proceed with projects that are both commercially viable and environmentally sustainable.

Brown was responding to recent cautionary remarks from Australian economist Professor Christopher Flemming regarding the Cook Islands’ plans for seabed mining.

Read More
Cobalt on the Rise

Interest in deep sea mining has been accelerating due to the rising price of cobalt. The metal is an important component of EV batteries, laptops and cell phones. In October 2017, cobalt prices reached a nine-year high, trading at around US$30 per pound, tripling its 2015 value of US$10. The rise is not only seen […]

Read More