Norway has passed a bill to accelerate deep-sea mining for precious metals in its national waters, making it the first country to do so. The plan aims to meet the high demand for these metals in green technologies. The government will issue licences after conducting further environmental studies. The proposal opens up a large area for mining, containing minerals critical for clean technologies.
Norway has become the first country in the world to move forward with the controversial practice of commercial-scale deep-sea mining . The bill, passed on Tuesday, will accelerate the hunt for precious metals which are in high demand for green technologies . The plan concerns Norwegian waters, but agreement on mining in international waters could also be reached this year.
The Norwegian government said it was being cautious and would only begin issuing licences once further environmental studies were carried out. The deep sea hosts potato-sized rocks called nodules and crusts which contain minerals such as lithium, scandium and cobalt, critical for clean technologies, including in batteries. Norway's proposal will open up 280,000 sq km (108,000 sq miles) of its national waters for companies to apply to mine these sources - an area bigger than the size of the UK. Although these minerals are available on land, they are concentrated in a few countries, increasing the risk to supply
Norway Deep-Sea Mining Precious Metals Green Technologies Environmental Studies Minerals
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