News: By Source
Russia has submitted its bid for vast territories in the Arctic to the United Nations, the Foreign Ministry said Tuesday. The ministry said in a statement that Russia is claiming 1.2 million square kilometers (over 463,000 square miles) of Artic sea shelf extending more than 350 nautical miles (about 650 kilometers) from the shore.
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The era of deep seabed mining appears to be dawning, fueled by technological advances in robotics and dwindling land-based deposits. Rising demand for copper, cobalt, gold and the rare earth elements vital in manufacturing smartphones and other high-tech products is causing a prospecting rush to the dark seafloor deep beneath the waves.
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Countries are scrambling to stake claim to untapped resources, previously frozen in the Arctic. But with a lack of basic infrastructure and funding commitments, critics say the U.S. trails other countries in preparations for the increased activity in the north.
[ More ]The U.S. military is looking for ways to expand operations in the vast waters of the Arctic, as melting ice caps open sea lanes and other nations such as Russia compete for lucrative oil and gas deposits. But the effort will take money and resources to fill the broad gaps in satellite and communications coverage, add deep-water ports and buy more ships that can withstand the frigid waters or break through the ice.
[ More ]The U.S. military is looking for ways to expand operations in the vast waters of the Arctic as melting ice caps open sea lanes and other nations such as Russia compete for the lucrative oil and gas deposits. But the effort will take money and resources to fill the broad gaps in satellite and communications coverage, add deep-water ports and buy more ships that can withstand the frigid waters or break through the ice.
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A senior U.S. lawmaker meeting with Philippine officials said Tuesday that China should agree to face the Philippines before a U.N. arbitration tribunal to avoid a possible crisis over their long-raging territorial disputes in the South China Sea.
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