Refer - Financial Express
Enrich the answer from other sources, if the question demands.
IAS Parliament 5 years
KEY POINTS
· The tech industry’s ever-increasing demand for rare metals, like lithium and molybdenum, portends an explosion in mining of the ocean floor in the coming years.
· Lithium is a good conductor of electricity is used to produce mobile batteries, increasing demand for smartphones increases the demand for lithium.
· Further molybdenum is used as catalyst in various reactions and is used to manufacture air craft parts in aviation sector.
· International Union for Conservation of Nature added the scaly-foot snail to its Red List of Threatened Species—the first species to be threatened by deep-sea mining.
· The marine animal occupies just three locations in the western Indian Ocean; these locations included sites identified for mining.
· Destruction of coral reefs because of mining decreases the complex biodiversity in marine ecosystems.
· As per Nature, countries and corporations already hold contracts for mining exploration of about 1.3 million sq km of the sea bed implying that thousands of marine species, many of which haven’t even been identified, face unprecedented extermination and, possibly, extinction risks.
· The International Seabed Authority (ISA), responsible for deep-sea mining in international waters, also has a mandate to protect the international sea-bed.
· Even as it is expected to finalise a code for sea-bed mining by 2020, it must take into account a host of factors that make deep-sea mining almost inimical to the planet’s long-term conservation interests—it is feared, deep-sea mining will release vast amounts of carbon trapped in deep-sea sediments, aggravating conditions on the climate change front.
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Sanketh Palankar 5 years
Pls review sir
IAS Parliament 5 years
Try to include about demand for lithium and molybdenum. Try to underline key points. Keep writing.
Vandana 5 years
Kindly review
IAS Parliament 5 years
Good answer. Try to include about demand for lithium, molybdenum. Keep writing.
Krish 5 years
Kindly review sir Thank u
IAS Parliament 5 years
Good attempt. Try to include about destruction of coral reefs. Keep writing.
Sushil Ranjan 5 years
Sir, please review.
IAS Parliament 5 years
Try to include about threat to coral reefs, demand for lithium, molybdenum. Keep writing.