Expanded Boundaries and Hidden Treasures
Australia is the third largest exporter of liquefied natural gas, producing more than 43 trillion cubic feet of the fuel, with more to come from the fields off the northwest coast.
Part of the Philippine Sea lies outside any country’s exclusive economic zone, so many of the area’s fisheries are open to exploitation.
Hydrothermal vents off the coast of Papua New Guinea are rich in copper, zinc, gold, and silver. They also reveal much about geology, marine chemistry, and possibly the origins of life.
The Clarion-Clipperton Zone contains abundant rare earth elements. Some countries are funding prospecting in the area.