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Minerals Report - International Seabed Authority

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esource base at an inferred level is sufficient for mining organizations<br />

grounds to secure the funding to develop these resources. He asked Dr<br />

Parsons why he had indicated 150 square kilometres on his map for<br />

exploration areas.<br />

In response, Dr. Parson said that the 150 kilometres that is mentioned<br />

is with respect to the length of ridge. He said that this is significantly more<br />

that 150 square kilometres and might contain three ridges.<br />

Finally, Dr. Parson was asked why he made no mention of aggregates<br />

since the current trend is to discourage the extraction of aggregate in coastal<br />

areas. This participant suggested that the extended continental shelf should<br />

be viewed as a potential source of aggregates in the future.<br />

Pointing out that aggregates are mentioned in his paper, Dr Parson<br />

said that he did not focus much attention on them, because it is unlikely that<br />

they would not be found within the 200 nautical miles. He concluded by<br />

stating that aggregates on the extended continental shelf would represent a<br />

resource that “below sub-marginal”.<br />

INTERNATIONAL SEABED AUTHORITY 761

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