Posted on 07/22/2013 6:08:50 PM PDT by TexGrill
The Yomiuri Shimbun Japan has obtained exclusive mineral exploration rights for rare metals and other resources on the seabed about 600 kilometers southeast of Tokyo’s Minami-Torishima island.
It is the first time in 26 years that Japan has obtained mineral exploration rights on the high seas.
In an announcement Saturday, the Economy, Trade and Industry Ministry said it would begin full-fledged exploration next fiscal year at the earliest.
To obtain exclusive exporation rights, a nation must first gain the approval of the United Nations’ International Seabed Authority. The U.N. authority gave its approval Friday, and the government is expected to sign a 15-year contract by the end of this fiscal year.
Experts believe that the seabed in and around the areas where Japan obtained the rights contain such rare metals as manganese, cobalt, nickel and platinum, which Japan must import. It is possible that the exploration rights will lead to Japan securing resources and relying less on imports.
(Excerpt) Read more at the-japan-news.com ...
I can see Captain CoCoaPuffs and the rest of the “Save the Whales” loons gearing up for a protest.
And just how will they explore and if found how will they get these rare metals.
The simple answer is with dredges.
Dredges make mud. Mud comes down on everything in the area.
Fish cannot breathe mud , neither can mollusks.
Once we had an abundance of piss clams here in Maryland the waterman started using clam rigs. Hydraulic drudges to dig them. They covered up the oyster beds, now we have few oyster and they are rapidly diminishing, they drove away the crabs, they covered up with mud the clams they missed.
Now we have no clams.
So when did the UN get control over the seas?
You beat me to it.
The UN grants nothing.
Found in whales.
this means that the japanese will be paying taxes to the UN on anything the pull up from the sea floor.
To obtain exclusive exporation rights, a nation must first gain the approval of the United Nations’ International Seabed Authority.
They had to ratify it to find out what’s in it.
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