The China Mail - Norway greenlights deep-sea mining exploration

USD -
AED 3.673042
AFN 65.000368
ALL 81.264432
AMD 360.340403
ANG 1.789785
AOA 917.000367
ARS 1545.478604
AUD 1.456898
AWG 1.8
AZN 1.70397
BAM 1.75029
BBD 2.013844
BDT 124.537437
BGN 1.747831
BHD 0.37735
BIF 3010
BMD 1
BND 1.281347
BOB 11.99429
BRL 5.509404
BSD 0.999897
BTN 93.858629
BWP 13.774679
BYN 2.994523
BYR 19600
BZD 2.011053
CAD 1.412404
CDF 2320.000362
CHF 0.820325
CLF 0.02484
CLP 977.630396
CNY 6.676504
CNH 6.67316
COP 3251.42
CRC 453.465426
CUC 1
CUP 23.998962
CVE 99.403894
CZK 21.83804
DJF 177.720393
DKK 6.709604
DOP 60.750393
DZD 136.384359
EGP 53.819404
ERN 15
ETB 164.116992
EUR 0.89761
FJD 2.265604
FKP 0.741654
GBP 0.74895
GEL 2.60504
GGP 0.741654
GHS 11.68504
GIP 0.741654
GMD 74.503851
GNF 8857.503848
GTQ 7.64085
GYD 209.627114
HKD 7.839465
HNL 26.875436
HRK 6.76901
HTG 131.052321
HUF 326.120388
IDR 18112.25
ILS 3.18593
IMP 0.741654
INR 94.07415
IQD 1515.921743
IRR 1891353.000352
ISK 122.803814
JEP 0.741654
JMD 158.687685
JOD 0.70904
JPY 158.510385
KES 129.950385
KGS 87.447804
KHR 4080.00035
KMF 442.00035
KPW 899.999961
KRW 1363.703789
KWD 0.31098
KYD 0.833408
KZT 448.201333
LAK 22505.000349
LBP 89550.000349
LKR 332.502562
LRD 170.303772
LSL 16.560381
LTL 2.95274
LVL 0.60489
LYD 6.430381
MAD 9.757504
MDL 17.8737
MGA 4543.684976
MKD 55.266005
MMK 2099.952938
MNT 3601.972253
MOP 8.072028
MRU 40.250379
MUR 47.030378
MVR 15.403739
MWK 1737.000345
MXN 18.63815
MYR 4.059039
MZN 63.903729
NAD 16.560377
NGN 1347.250377
NIO 36.79922
NOK 9.468039
NPR 150.173627
NZD 1.804745
OMR 0.384501
PAB 0.999964
PEN 3.442504
PGK 4.556905
PHP 63.098504
PKR 276.535369
PLN 3.94255
PYG 6249.384815
QAR 3.654602
RON 4.792204
RSD 105.604038
RUB 81.998878
RWF 1475.916015
SAR 3.754695
SBD 8.051718
SCR 14.018084
SDG 601.503676
SEK 9.89954
SGD 1.283215
SHP 0.745545
SLE 22.910371
SLL 20969.504398
SOS 571.503662
SRD 37.583504
STD 20697.981008
STN 21.925605
SVC 8.748764
SYP 13001.999685
SZL 16.560369
THB 33.568038
TJS 9.224126
TMT 3.51
TND 2.985504
TOP 2.40776
TRY 50.154604
TTD 6.780829
TWD 32.807404
TZS 2642.503628
UAH 45.297
UGX 4089.81484
UYU 40.226773
UZS 11931.108854
VES 893.769038
VND 25582.5
VUV 119.513361
WST 2.778515
XAF 588.793837
XAG 0.019249
XAU 0.00024594347
XCD 2.70255
XCG 1.801976
XDR 0.707052
XOF 588.793837
XPF 106.728476
YER 236.175037
ZAR 16.55565
ZMK 9001.203584
ZMW 20.318702
ZWL 321.999592
SSP 5745.196153
MXV 2.096865
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Norway greenlights deep-sea mining exploration
Norway greenlights deep-sea mining exploration / Photo: © NTB/AFP

Norway greenlights deep-sea mining exploration

Norway's parliament on Tuesday adopted a government plan to open up parts of its seabed to mining exploration, despite protests from activists and scientists' warnings about the uncertain environmental impact.

Text size:

The proposal to gradually open up a 280,000-square-kilometre (108,100 square mile) area, mostly in the Arctic, was approved by the Storting, with 80 votes in favour and 20 against.

A small group of protesters had gathered outside the parliament in Oslo, displaying banners reading "Stop deep sea mining" and "Norway protect our oceans".

"They are opening a very new, vulnerable and enormous area that has been under-explored by scientists," Haldis Tjeldflaat Helle of Greenpeace Norway told AFP.

Already Western Europe's largest oil and gas producer, the Scandinavian nation is now set to become one of the first countries to explore the ocean floor for minerals crucial for renewable energy technology, potentially making it a major mineral producer.

At the same time, deep-sea mining is controversial due to its potential impact on vulnerable marine ecosystems.

In early 2023, the Norwegian Offshore Directorate published a report concluding that "substantial resources are in place on the seabed" including minerals such as copper, zinc and cobalt.

The Labour-led coalition minority government then in June proposed allowing mining of the country's seabed in the Arctic region.

In December it announced that it had reached a deal with opposition parties to secure parliamentary support to move forward.

"We need minerals because we want to lead a green transition in the form of fuel cells and solar panels, of electric cars and mobile phones," Labour member of parliament Marianne Sivertsen Naess told a press conference at the time.

- Knowledge gaps -

NGOs and scientists have meanwhile warned that deep-sea mining could damage habitats and harm species that are little understood, but are potentially important to the food chain.

In addition, they point to the risk of disrupting the ocean's capacity to absorb carbon emitted by human activities, and the noise that could disturb species such as whales.

"We are very worried about what this will mean for both ecosystems in the Arctic. What it will mean for the fisheries of both Norway and other countries, and also Norwegians and Norway's international reputation as a country that is supposed to take climate and nature seriously," Tjeldflaat Helle said.

The environmental activist added that they were also worried that Norway "chooses this time to send the signal that they will push forward on deep sea mining when the rest of the world is discussing a moratorium or a precautionary pause on this industry."

Several countries, including France and the UK, have called for a moratorium on deep-sea mining.

The Norwegian plan stresses that "environmental considerations" will be taken into account in all stages of the process and "extraction will only be authorised if the licensee's extraction plan demonstrates that extraction can take place in a sustainable and responsible manner."

Among others, Norway's Institute of Marine Research and the Norwegian Polar Institute have warned that there is a severe lack of knowledge necessary to assess what the environmental impact of deep-sea mining would be.

Currently there is no time schedule for when exploration and later potential mining could begin.

In the proposal, the government stressed that "the fact that the state opens an area for mineral extraction does not mean that extraction activities are initiated immediately."

Instead it means that licensing authorities can began the process of granting licenses, while the state can "continue the mapping of Norwegian seabed minerals."

C.Mak--ThChM