Cryptocurrency Q&A How profitable is deep sea mining?

How profitable is deep sea mining?

SarahWilliams SarahWilliams Fri Nov 01 2024 | 7 answers 1213
I'm curious about the profitability of deep sea mining. I want to know how lucrative this industry is and whether it's a worthwhile investment. How profitable is deep sea mining?

7 answers

IncheonBeautyBloomingRadianceGlow IncheonBeautyBloomingRadianceGlow Sun Nov 03 2024
The projection for the cost of restoring deep sea environments following mining activities stands at approximately 5.3 billion U.S. dollars by the year 2030.

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Silvia Silvia Sun Nov 03 2024
This estimation does not take into account the expenses related to monitoring the progress of the restoration efforts.

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Luca Luca Sun Nov 03 2024
The financial outlay required for rehabilitation is substantial.

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Bianca Bianca Sun Nov 03 2024
In comparison, the anticipated revenue generated by an average company engaged in deep sea mining is approximately 4.4 billion U.S. dollars.

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ShintoMystic ShintoMystic Sat Nov 02 2024
The disparity between the restoration costs and potential earnings is notable.

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