Seychelles is a stunning archipelago in the Indian Ocean. It is more commonly associated with luxury tourism, pristine beaches, and vibrant marine ecosystems. However, mining is not a prominent industry in this island nation. Due to its geological structure and limited land area, Seychelles lacks significant mineral deposits for large-scale mining. Instead, its economy thrives on tourism, fisheries, and offshore financial services. However, there are emerging discussions about potential offshore resource exploration, particularly in its vast Exclusive Economic Zone (EEZ), which could include hydrocarbon resources.
The Offshore Exploration Opportunities in Seychelles
While Seychelles does not have notable land-based minerals, its EEZ, which covers over 1.3 million square kilometres, has potential for offshore oil and gas exploration. With advances in deep-sea exploration technologies, this country is gradually positioning itself to tap into this untapped resource. If successful, this could significantly transform the economy, providing a new revenue stream in addition to the existing key sectors. The government has taken steps to assess these opportunities while ensuring that any exploration aligns with the country’s strong environmental conservation policies.
The list below is the mineral resources of this country:
- Clay.
- Coral.
- Sand.
- Stone.
- Guano.
For more information about the mining industry of Seychelles, read this article.