SAN JUAN, Puerto Rico (AP) 鈥 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.
has led to growing concerns that a company or country will be the first in the world to apply for an exploitation license before any regulatory framework is in place.
Juan Jos茅 Gonz谩lez, president of the International Seabed Authority鈥檚 council, told reporters that if an application is submitted, the council has an obligation to discuss it.
鈥淲e would prefer, of course, to have the regulations in place,鈥 he said.
Michael Lodge, the agency鈥檚 secretary general, said the council expects to have a mining code draft by 2025.
However, a 春色直播 company whose subsidiary is widely expected to be the first to apply for a deep-sea mining license, said late last week that it expects to do so in mid-2024.
Corey McLachlan, with The Metals Company, noted that while any country or company now has the legal right to apply for such a license, 鈥渨e are willing to give (the agency) that additional time and effort.鈥
The International Seabed Authority has issued more than 30 exploration licenses, but no exploitation ones.
The exploration is taking place in an area of 1.7 million square miles (4.5 million square kilometers) between Hawaii and Mexico at depths of up to 19,000 feet (6,000 meters).
Among those holding an exploration license is Nauru Ocean Resources, Inc., a subsidiary of The Metals Company. It is working with the government of Nauru, a small island in the Pacific, which has pushed for deep-sea mining.
Those seeking to launch deep-sea mining operations say they are meeting an increase in demand for metals including copper, nickel and cobalt used in clean energy technologies. They also argue it is cheaper than land mining and would have less of an environmental impact.
However, that such mining could unleash noise, light and smothering dust storms. They say not enough is known about the world鈥檚 deep seas, noting that less than 1% has been explored.
More than 20 countries have called for a moratorium or a ban, and companies including BMW and Samsung have promised to avoid using minerals mined from the ocean鈥檚 abyss.
The meeting that ended Wednesday followed nearly two weeks' worth of negotiations on issues including inspection, enforcement, royalties, environmental concerns and financial terms of potential contracts.
鈥淎ll countries may well have very different positions on all sorts of things, but all countries agree there should be no exploitation without regulation,鈥 Lodge said.
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