from the explosive-extraction dept.
eldavojohn writes "Details are limited but state media is reporting on $75 million being put into a new research facility
in Qingdao, Shandong Province that will conduct research into mining the sea floor. From the article: 'Scientists believe sea beds at a depth of 4,000 to 6,000 meters hold abundant deposits of rare metals and methane hydrate, a solidified form of natural gas bound into ice that can serve as a new energy source.' The research center's first goal is to do surveying and exploration with a new submersible named 'Jiaolong' (a mythical aquatic Chinese dragon). Hopefully these quests yield energy resources to meet growing demand for resources like liquefied coal in China."
Gosh that takes me back... or is it forward? That's the trouble with
time travel, you never can tell."
-- Doctor Who, "Androids of Tara"