The China Mail - Norway greenlights deep-sea mining exploration

USD -
AED 3.673045
AFN 72.000284
ALL 88.355584
AMD 388.86008
ANG 1.80229
AOA 916.999931
ARS 1130.4899
AUD 1.572235
AWG 1.8025
AZN 1.675304
BAM 1.761768
BBD 2.015296
BDT 121.265623
BGN 1.76303
BHD 0.376989
BIF 2934
BMD 1
BND 1.304975
BOB 6.92193
BRL 5.702402
BSD 0.998144
BTN 84.785507
BWP 13.625861
BYN 3.26649
BYR 19600
BZD 2.004873
CAD 1.401006
CDF 2870.00014
CHF 0.84644
CLF 0.024665
CLP 946.513983
CNY 7.203302
CNH 7.203275
COP 4223.5
CRC 506.909536
CUC 1
CUP 26.5
CVE 99.950281
CZK 22.549029
DJF 177.719743
DKK 6.73574
DOP 58.788949
DZD 133.89795
EGP 50.511498
ERN 15
ETB 132.025015
EUR 0.902985
FJD 2.269201
FKP 0.751765
GBP 0.759202
GEL 2.740161
GGP 0.751765
GHS 13.02497
GIP 0.751765
GMD 71.499385
GNF 8643.993749
GTQ 7.676855
GYD 208.831253
HKD 7.79241
HNL 25.928378
HRK 6.800903
HTG 130.551502
HUF 365.690357
IDR 16704.5
ILS 3.56837
IMP 0.751765
INR 84.941897
IQD 1307.496892
IRR 42100.000227
ISK 132.4596
JEP 0.751765
JMD 158.647372
JOD 0.709303
JPY 148.580018
KES 129.24985
KGS 87.450006
KHR 3994.252744
KMF 436.509247
KPW 899.999913
KRW 1420.760198
KWD 0.30748
KYD 0.831723
KZT 510.585013
LAK 21580.135033
LBP 89428.92275
LKR 298.3082
LRD 199.620757
LSL 18.294547
LTL 2.95274
LVL 0.60489
LYD 5.469605
MAD 9.312921
MDL 17.266835
MGA 4486.102541
MKD 55.517713
MMK 2099.691958
MNT 3573.956258
MOP 8.011224
MRU 39.597895
MUR 45.71013
MVR 15.397187
MWK 1730.807344
MXN 19.607785
MYR 4.297013
MZN 63.912179
NAD 18.295948
NGN 1602.269904
NIO 36.726752
NOK 10.464295
NPR 135.656631
NZD 1.709694
OMR 0.385025
PAB 0.998113
PEN 3.646011
PGK 4.142739
PHP 55.950501
PKR 280.971299
PLN 3.831603
PYG 7974.777615
QAR 3.641932
RON 4.6068
RSD 105.588887
RUB 80.498217
RWF 1428.783764
SAR 3.750869
SBD 8.343881
SCR 14.214509
SDG 600.501722
SEK 9.84129
SGD 1.307425
SHP 0.785843
SLE 22.750253
SLL 20969.483762
SOS 570.419617
SRD 36.199504
STD 20697.981008
SVC 8.733172
SYP 13001.862587
SZL 18.292705
THB 33.491499
TJS 10.400007
TMT 3.51
TND 3.037043
TOP 2.342104
TRY 38.770125
TTD 6.775309
TWD 30.372699
TZS 2695.000263
UAH 41.462525
UGX 3652.676002
UYU 41.715647
UZS 12855.309087
VES 92.71499
VND 25971
VUV 121.003465
WST 2.778524
XAF 590.90168
XAG 0.030831
XAU 0.00031
XCD 2.70255
XDR 0.724866
XOF 300.519847
XPF 107.429344
YER 244.450291
ZAR 18.31006
ZMK 9001.199053
ZMW 26.279733
ZWL 321.999592
  • RBGPF

    2.2700

    65.27

    +3.48%

  • RYCEF

    -0.1400

    10.36

    -1.35%

  • CMSC

    0.0600

    22.12

    +0.27%

  • SCS

    0.4100

    10.87

    +3.77%

  • NGG

    -3.1500

    67.54

    -4.66%

  • AZN

    1.1650

    68.735

    +1.69%

  • GSK

    0.5250

    37.145

    +1.41%

  • RELX

    -2.1700

    51.68

    -4.2%

  • RIO

    1.3500

    61.33

    +2.2%

  • VOD

    -0.2350

    9.065

    -2.59%

  • BP

    0.3950

    30.165

    +1.31%

  • BTI

    -0.7050

    40.935

    -1.72%

  • CMSD

    0.0100

    22.35

    +0.04%

  • BCE

    -0.2460

    22.464

    -1.1%

  • BCC

    4.6000

    93.22

    +4.93%

  • JRI

    0.0200

    13

    +0.15%

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