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TMC has acknowledged that deep sea mining will have an environmental impact, but it is less damaging than terrestrial mining, and trade-offs are required to guarantee transition mineral supplies.
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Debate over proposed regulations for deep-sea mining will stretch into next year as a U.N. agency that presides over the international seabed concluded its last meeting of the year on Wednesday.
The International Seabed Authority is working to set regulations for deep-sea mining as companies engaged in the clean energy transition clamor for more minerals. The seafloor, especially in parts ...
Environmental groups on Wednesday urged a moratorium on deep-sea mining ahead of a meeting in Jamaica of a U.N. body that conservationists fear will soon authorize the world’s first license to ...
More than two dozen countries have called for a ban, pause or moratorium on deep sea mining — including most recently Peru and Greece — as the U.N. International Seabed Authority resumed talks ...
The ship was built as Hughes Glomar Explorer in 1971 and 1972 by Sun Shipbuilding & Drydock Company for more than US$350 million (about $1.7 billion in 2023) at the direction of Howard Hughes for use by his company, Global Marine Development Inc. [5] It began operation on 20 June 1974.
The push for deep sea mining has grown to the point that the authority is now meeting three times a year instead of two, with a key decision expected as early as July 2023.