Published February 1, 2021, 2:30 PM
Despite environmental concerns, JDVC Resources Corporation, a subsidiary of publicly listed company Apollo Global Capital (APL), is eager to push for the start of the commercial operation of its large-scale offshore mining in Cagayan next month.
In a statement, Jun Herrera, JDVC and APL consultant, said the first newly-built deep sea mining vessel that will be used for offshore mining operation has already arrived in Cagayan and is presently taking shelter due to strong waves.
But as soon as the ocean swell subsides, mining operations are expected to commence by mid or end February, he added.
Photo credit: http://www.jdvcresources.com