Pacific nation Kiribati says it is exploring a deep-sea mining partnership with China, dangling access to a vast patch of Pacific Ocean harboring coveted metals and minerals.
Beijing has been ramping up efforts to court Pacific nations sitting on lucrative seafloor deposits of cobalt, nickel and copper — recently inking a cooperation deal with Cook Islands.
Kiribati opened discussions with Chinese Ambassador Zhou Limin (周立民) after a longstanding agreement with leading deep-sea mining outfit The Metals Co fell through.
Photo: AP
“The talk provides an exciting opportunity to explore potential collaboration for the sustainable exploration of the deep-ocean resources in Kiribati,” the government said on Monday evening in a statement.
Pacific nations Kiribati, Cook Islands and Nauru sit at the forefront of a highly contentious push to mine the depths of the ocean.
Kiribati holds rights for deep-sea mining exploration across a 75,000km2 swathe of the Pacific, in a region known as the Clarion Clipperton Zone. Through state-backed subsidiary Marawa Research, Kiribati had been working with Canada-based The Metals Co to explore the mineral deposits. However, that agreement was terminated “mutually” at the end of last year, the company told AFP.
A Kiribati fisheries official said the nation was now exploring opportunities with other foreign partners.
The Metals Co said Kiribati’s mining rights were “less commercially favorable” than other projects with Pacific nations Nauru and Tonga.
Kiribati’s announcement comes as international regulators begin a series of crunch meetings that could decide the fate of the nascent industry. The Metals Co and other industry players are pushing the International Seabed Authority to set rules allowing large-scale exploitation.
Kiribati, a climate-threatened archipelago that is home to about 130,000 people, lays claim to an ocean expanse that forms one of the largest exclusive economic zones in the world.
Kiribati President Taneti Maamau’s administration in 2019 severed diplomatic links with Taiwan in favor of China.
Chinese companies have in recent years been granted rights to harvest Kiribati’s profitable fisheries — one of the nation’s few natural resources besides minerals.
A visiting cadre of Beijing police have also visited the capital, Tarawa, to help train local Kiribati forces.
Tessie Lambourne, a leading member of Kiribati’s opposition, said China seemed to be seeking access to “our maritime space for its own interest.”
“I always say that our government is bending over backwards to please China,” she said.
China and Cook Islands last month struck a five-year cooperation agreement to study the Pacific nation’s seabed mineral riches. The deal did not include any exploration or mining license.
Companies hope to earn billions by scraping the ocean floor for polymetallic rocks, or nodules, that are loaded with manganese, cobalt, copper and nickel — metals used to build batteries for electric vehicles.
Nauru and Kiribati believe the industry holds the key to economic prosperity in a region where scarce land is already under threat from rising seas.
However, Palau, Fiji and Samoa are staunchly opposed, pushing for lingering environmental questions to be cleared up before anyone takes the plunge.
FRAUD ALLEGED: The leader of an opposition alliance made allegations of electoral irregularities and called for a protest in Tirana as European leaders are to meet Albanian Prime Minister Edi Rama’s Socialist Party scored a large victory in parliamentary elections, securing him his fourth term, official results showed late on Tuesday. The Socialist Party won 52.1 percent of the vote on Sunday compared with 34.2 percent for an alliance of opposition parties led by his main rival Sali Berisha, according to results released by the Albanian Central Election Commission. Diaspora votes have yet to be counted, but according to initial results, Rama was also leading there. According to projections, the Socialist Party could have more lawmakers than in 2021 elections. At the time, it won 74 seats in the
A Croatian town has come up with a novel solution to solve the issue of working parents when there are no public childcare spaces available: pay grandparents to do it. Samobor, near the capital, Zagreb, has become the first in the country to run a “Grandmother-Grandfather Service,” which pays 360 euros (US$400) a month per child. The scheme allows grandparents to top up their pension, but the authorities also hope it will boost family ties and tackle social isolation as the population ages. “The benefits are multiple,” Samobor Mayor Petra Skrobot told reporters. “Pensions are rather low and for parents it is sometimes
CANCER: Jose Mujica earned the moniker ‘world’s poorest president’ for giving away much of his salary and living a simple life on his farm, with his wife and dog Tributes poured in on Tuesday from across Latin America following the death of former Uruguayan president Jose “Pepe” Mujica, an ex-guerrilla fighter revered by the left for his humility and progressive politics. He was 89. Mujica, who spent a dozen years behind bars for revolutionary activity, lost his battle against cancer after announcing in January that the disease had spread and he would stop treatment. “With deep sorrow, we announce the passing of our comrade Pepe Mujica. President, activist, guide and leader. We will miss you greatly, old friend,” Uruguayan President Yamandu Orsi wrote on X. “Pepe, eternal,” a cyclist shouted out minutes later,
CONTROVERSY: During the performance of Israel’s entrant Yuval Raphael’s song ‘New Day Will Rise,’ loud whistles were heard and two people tried to get on stage Austria’s JJ yesterday won the Eurovision Song Contest, with his operatic song Wasted Love triumphing at the world’s biggest live music television event. After votes from national juries around Europe and viewers from across the continent and beyond, JJ gave Austria its first victory since bearded drag performer Conchita Wurst’s 2014 triumph. After the nail-biting drama as the votes were revealed running into yesterday morning, Austria finished with 436 points, ahead of Israel — whose participation drew protests — on 357 and Estonia on 356. “Thank you to you, Europe, for making my dreams come true,” 24-year-old countertenor JJ, whose
RSS