Although deep-sea mining has never occurred at commercial scale, the growing interest in the minerals and metals found on the seabed could prompt a shift in the status quo.
Is Deep-Sea Mining a Viable Solve for Metals Scarcity and Key to The Green Transition?
As the world looks to address climate change, increased demand for required base metals and critical minerals that support large scale deployments of green technologies is a real concern. Against this backdrop, some point to deep-sea mining as a potential solve, but it’s not that simple.
The topic is also garnering further attention—and increased scrutiny—since the International Seabed Authority missed its July 9 deadline to adopt seabed mining regulation. As it stands, the organization is now required to review, and therefore could provisionally approve, applications for deep-sea exploitation without any governing framework in place.
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