Negotiators are working on rules for deep-sea mining by The Metals Company despite concerns about potential environmental consequences and the lack of finalized regulations by the International Seabed Authority (ISA). The company plans to move forward with the world's first deep-sea mine in the eastern Pacific Ocean, sparking debates among experts about the impact on marine ecosystems and the need for more research before commercial production begins.
Key Points
The Metals Company plans to launch the world's first deep-sea mine in the eastern Pacific Ocean
Deep-sea mining could provide a major new source of critical minerals
Concerns exist about the environmental consequences and lack of finalized regulations by the International Seabed Authority (ISA)
Pros
Potential new source of critical minerals independent of China
Less destructive than land mining according to supporters
Could lead to technological advancements and reduced reliance on terrestrial reserves
Cons
Unknown environmental impacts on ocean ecosystems
Lack of comprehensive regulations and potential for unsanctioned mining
Disagreement among experts on the sustainability and ethics of deep-sea mining