The Economics of Ice: Resource Potential Driving Antarctic Expansion

While Antarctica remains off-limits for resource extraction under international law, the untapped potential beneath its ice sheets is drawing growing interest. Countries expanding their presence may be positioning themselves for future access to minerals, oil, and fisheries. The current research-driven approach serves as a strategic cover for long-term ambitions. As technology advances and climate change alters the landscape, the global rush to secure influence in Antarctica is likely to intensify.