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    deep-sea mining, terrestrial mining legislation often applies to the continental shelf or EEZ, rather than specific deep-sea mining legislation (EU, 2014). However many Pacific Islands States, that are gearing up for deep seabed mining have made significant efforts to adopt concise and comprehensive domestic laws (SPC, 2014).

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    India’s Iron ore resources are estimated at 28.5 billion tonnes, distributed between Haematite at 17.9 and Magnetite at 10.6 billion tonnes. Though, both numbers are impressive at first glance; here’s a staggering fact: while 45% of the haematite resources are classified as reserves, a meager 0.2% of magnetite receives the same recognition.

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    Magnetite has been important in understanding the conditions under which rocks form. Magnetite reacts with oxygen to produce hematite, and the mineral pair forms a buffer that can control oxygen fugacity. Commonly, igneous rocks contain solid solutions of both titanomagnetite and

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