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Minerals Report - International Seabed Authority

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In addition to the <strong>International</strong> <strong>Seabed</strong> <strong>Authority</strong> disseminating<br />

information about crusts deposits in the Area, Dr. Hein said it was a matter of<br />

competition. As an example, he used the Marshall Islands that according to<br />

him is extremely interested in having their crusts developed. He said that the<br />

Government of the Marshall Islands have offered to put up a processing plant<br />

on the islands without the energy source necessary to run it. He asked if the<br />

<strong>International</strong> <strong>Seabed</strong> <strong>Authority</strong> could match or beat the deal offered by this<br />

government for mining a deposit in international waters right next door.<br />

INTERNATIONAL SEABED AUTHORITY 272

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