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Companies including Samsung and BMW also have pledged to avoid using minerals mined from the deep sea. “Sea mining is one of the key environmental issues of our time, and this is because the ...
Mining companies argue that harvesting minerals from the sea bed instead of land is cheaper and has less of an impact, avoiding a “host of environmental and social issues,” according to UK ...
A U.N. agency tasked with regulating the deep sea is debating whether to open the Earth’s watery depths to countries and companies that as of Monday were allowed to start applying for ...
Palau was the first country to call for a moratorium, or precautionary pause, on deep-sea mining until the impact of such a practice is better understood. [62] By July 10, 2023, 17 countries had called for a deep-sea mining moratorium or pause, including Germany, New Zealand, Spain, France, Sweden, Fiji, and the Federated States of Micronesia. [63]
The International Seabed Authority (ISA) plays a central role in developing the legal framework for EIAs in deep-sea mining, viewing EIA as essential for minimizing environmental impacts. [12] The ISA aims to fulfill obligations such as implementing a precautionary approach and ensuring effective protection of the marine environment, as ...
The ISA's Legal and Technical Commission, which oversees the development of deep sea mining regulations, will meet in early July to discuss the yet-to-be mining code draft.
Nautilus Minerals is a Canadian deep-sea mining company. [44] The project was approved in January 2011, by PNG's Minister for Mining, John Pundari. [44] The company leased a portion of the seabed in the Bismarck Sea. [47] The lease licensed access to 59 square kilometers. Nautilus was allowed to mine to a depth of 1,600 meters for a period of ...
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 ...