The mining sector has been one of the biggest beneficiaries in the COVID-19 recovery. Several countries’ recovery packages have ignited demand for commodities like copper, iron ore and lithium. Given that more metals are necessary for electrification and the clean energy transition, many companies are looking at an unexplored market: ocean mining. Mining of the Deep Sea is still under study but metals are abundant on the seafloor. Reserves are estimated to be worth anywhere from $8 trillion to more than $16 trillion. Visual Capitalist provides…
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