The marine portion of the Pacific Basin and Rim constitutes a significant part of the world's surface in which the mineral resources are virtually undeveloped. Indications of substantial resources have resulted in speculation and uncertainty with regard to their potential in the near term. The main issues are centered on the markets for the resource materials, the technology needs for their recovery, and the possible impacts of their development on the environment. While the governments of Japan, France, the Soviet Union, India, China, and Korea are financing new programs in deep ocean mining, the US is consolidating its early leadership by the continuation of NOAA's authority under the Deep Seabed Hard Mineral Resources Act and the Sea Grant Act, Interior's authority under the outer Continental Shelf Lands Act, and by the development of a new Marine Minerals Technology Center within the Department of Interior's mineral institutes program, managed by the U.S. Bureau of Mines. The Center has a Continental Shelf Division (CSD) located in Mississippi, and an Oceans Basin Division (OBD) located in Hawaii._x000D_
Research and training in the divisions is directed toward the practical aspects of mineral recovery from the nearshore and deep ocean environments with a strong bias for the OBD toward industrial and international cooperative programs in the Pacific Basin and Rim. In terms of resource development, the marine minerals in the Pacific Basin may be favored in some cases, in competition with land sources, by political and environmental considerations.