China and India’s Cobalt Treasure Race in the Indian Ocean

We will be discussing a very important topic in this article the “Cobalt War” that is presently taking on in the Indian Ocean. There is an increase in tensions between China and India in the resource-rich region that is home to billion-dollar cobalt reserves.

The Strategic Importance of Cobalt

Cobalt is a rare and valuable mineral that is required to produce batteries for cell phones, computers, and electric cars. It is also necessary for the manufacture of premium steel and fighter jets. Without cobalt, lithium batteries could not function as intended. Cobalt is a rare metal that is only found in a few locations on Earth, despite its importance. India’s fortunes could be set to change if it manages to gain access to an undersea mountain in the Indian Ocean that is rich in cobalt.

Ninety-east Ridge: The Lost Jewel

The Ninetyeast Ridge, an underwater mountain range in the Indian Ocean, is estimated to contain large amounts of cobalt. Millions of years ago, volcanic explosions formed this seamount, which is now a popular site for underwater mining. The exact value of the minerals is still unclear, but the potential wealth may significantly boost any nation’s industrial and technological capabilities.

India’s Adaptability

India is requesting permission to mine and explore the Ninetyeast Ridge by filing an appeal with the International Seabed Authority (ISA). Due to the presence of international waters all around it, this region is significant on a worldwide scale. The area’s potential to advance mineral independence and economic growth is highlighted in India’s ISA plan.

The Global Danger

Getting mining rights on the Ninetyeast Ridge might be transformative for India. This would reduce dependency on the Democratic Republic of the Congo, which currently supplies 60–70% of the world’s cobalt. Compared to Congo, which has a small coastline and little export potential, India is well-positioned to grow as a major cobalt exporter because of its extensive coastline and robust export infrastructure.

China’s Impact

China is closely monitoring these events. In addition to claiming possession of the seamount, it sends well wishes to Sri Lanka. If Sri Lanka is granted mining rights, Chinese businesses are expected to jump in, given the country’s limited financial resources for such an expensive project. Having indirect control over cobalt mining in the Indian Ocean would give China a considerable advantage over India.

Environmental Problems and Future Prospects

Underwater mining will undoubtedly have an ecological effect, possibly leading to pollution and harm to marine life. It would be crucial to address these environmental challenges, especially in a democracy like India where public protests and environmental movements are powerful.

In conclusion, India will have to wait patiently over the coming months for the ISA’s ruling. India might drastically change its mining industry and significantly impact the dynamics of the global cobalt supply if granted the necessary licenses. We intend to keep you informed as events unfold.

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