Independent journal on economy and transport policy
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Fincantieri Agreement - Saipem for the exploitation of mineral undersea deposits
MoU to define sustainable feasibility, development and business opportunities
August 4, 2020
Fincantieri and Saipem have pointed out that the seabed deep are rich in minerals, generally divided into sulfide cobalt crusts and polymetallic nodules, which are found application in the products of the modern digital economy, but they are also at the base of the ocean ecosystem, and they specified that there are currently no industrial applications that allow adequate and sustainability-friendly collection marine environment of these minerals.
The first objective of the collaboration will be developing an industrial plan that demonstrates the feasibility technical and economic in absolute respect for sustainability new DSM projects.
"The agreement signed with Fincantieri - underlined Saipem CEO Stefano Cao - unites two Italian excellence in the promotion of Deep Sea Mining. Saipem has innovative technologies, distinctive skills, assets and a important track record in the industry that will serve joint project with Fincantieri in an effort to identify environmentally compatible solutions for the sustainable use of seabed.'
"The minerals in the submarine deposits - explained Fincantieri's CEO, Giuseppe Bono - will prove essential if you manage to pass with success from a fossil fuel-based economy to a green economy. Many renewable technologies, in fact, require large quantities of metals that can be found in high concentrations in the deep sea, and this will be management by those who will be ready to favor its use. Activities of this kind are extremely complex since technological point of view: the commitment of large industrial groups like Saipem and Fincantieri will therefore promote the preservation environment thanks to a proven heritage of management."
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