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US bid for deep-sea mining permits sparks international contempt

By PulseAugur Editorial · [1 sources] ·

The U.S. National Oceanic and Atmospheric Administration (NOAA) has accepted a bid from The Metals Company for exploration and commercial recovery permits in the Clarion-Clipperton Zone of the Pacific Ocean. This move, authorized under a 1980 U.S. law, is seen by international bodies like the International Seabed Authority (ISA) as a unilateral assertion of control over international waters, which they consider the common heritage of humankind. The Metals Company, previously operating under sponsorships from Pacific nations, shifted its focus to the U.S. pathway after the ISA failed to finalize mining regulations. AI

RANK_REASON Regulatory action by a major government agency regarding resource extraction in international waters, met with significant international opposition. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on Forbes — Innovation →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

US bid for deep-sea mining permits sparks international contempt

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Regulatory action by a major government agency regarding resource extraction in international waters, met with significant international opposition. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Ken Silverstein, Senior Contributor ·

    America's Unilateral Bid For Deep Ocean Minerals—Met With Contempt

    The U.S. just approved a bid to mine the Pacific seafloor for EV battery metals—bypassing the UN's ocean authority and triggering global backlash.

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