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Seabed deal hauling in $1m

Monday 15 May 2017 | Written by Rashneel Kumar | Published in Local

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Seabed deal hauling in $1m
A computer rendition of seabed mining operation that is looking to harvest Rare Earth Elements. 1705102

Cook Islands have already earned more than $90,000 from one deep sea minerals agreement signed in 2016 with an American company to give them reserved rights in certain deep seabed areas within the country’s Exclusive Economic Zone.

Cook Islands have already earned more than $90,000 from one deep sea minerals agreement signed in 2016 with an American company to give them reserved rights in certain deep seabed areas within the country’s Exclusive Economic Zone.


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