Deep-sea nodules are estimated to contain 700 million tonnes of copper.
The deposit is estimated to contain more than 150 million tonnes.
According to Palmer the reserves contain 160 billion tonnes of iron ore.
The facility contains 100 tonnes of humanitarian supplies for use in the Asia-Pacific region.
It contains less than 10,000 tonnes of steel.
It contains more than 500 million tonnes of coal that is removed by the open cut method.
It followed a fire at 8:45pm on Wednesday night at the same farm in a shed containing almost six tonnes of straw.
Firemen spent 24 hours keeping under control a fire in a barn which contained 80 tonnes of straw.
The territory contained 10 billion tonnes of gas and oil deposits, the scientists said.
The field was discovered in 1981 by well Mittelplate 1 which confirmed reservoir contained 75 million tonnes of crude oil.