The China Mail - Norway greenlights deep-sea mining exploration

USD -
AED 3.672504
AFN 65.000368
ALL 81.910403
AMD 376.168126
ANG 1.79008
AOA 917.000367
ARS 1431.790402
AUD 1.425923
AWG 1.8025
AZN 1.70397
BAM 1.654023
BBD 2.008288
BDT 121.941731
BGN 1.67937
BHD 0.375999
BIF 2954.881813
BMD 1
BND 1.269737
BOB 6.889932
BRL 5.217404
BSD 0.997082
BTN 90.316715
BWP 13.200558
BYN 2.864561
BYR 19600
BZD 2.005328
CAD 1.36855
CDF 2200.000362
CHF 0.77566
CLF 0.021803
CLP 860.890396
CNY 6.93895
CNH 6.929815
COP 3684.65
CRC 494.312656
CUC 1
CUP 26.5
CVE 93.82504
CZK 20.504104
DJF 177.555076
DKK 6.322204
DOP 62.928665
DZD 129.553047
EGP 46.73094
ERN 15
ETB 155.0074
EUR 0.846204
FJD 2.209504
FKP 0.735067
GBP 0.734457
GEL 2.69504
GGP 0.735067
GHS 10.957757
GIP 0.735067
GMD 73.000355
GNF 8752.167111
GTQ 7.647681
GYD 208.609244
HKD 7.81385
HNL 26.45504
HRK 6.376104
HTG 130.618631
HUF 319.703831
IDR 16855.5
ILS 3.110675
IMP 0.735067
INR 90.57645
IQD 1310.5
IRR 42125.000158
ISK 122.710386
JEP 0.735067
JMD 156.057339
JOD 0.70904
JPY 157.200504
KES 128.622775
KGS 87.450384
KHR 4033.00035
KMF 419.00035
KPW 900.021111
KRW 1463.803789
KWD 0.30721
KYD 0.830902
KZT 493.331642
LAK 21426.698803
LBP 89293.839063
LKR 308.47816
LRD 187.449786
LSL 16.086092
LTL 2.95274
LVL 0.60489
LYD 6.314009
MAD 9.185039
MDL 17.000296
MGA 4426.402808
MKD 52.129054
MMK 2100.115486
MNT 3570.277081
MOP 8.023933
MRU 39.850379
MUR 46.060378
MVR 15.450378
MWK 1737.000345
MXN 17.263604
MYR 3.947504
MZN 63.750377
NAD 16.086092
NGN 1366.980377
NIO 36.694998
NOK 9.690604
NPR 144.506744
NZD 1.661958
OMR 0.383441
PAB 0.997082
PEN 3.367504
PGK 4.275868
PHP 58.511038
PKR 278.812127
PLN 3.56949
PYG 6588.016407
QAR 3.64135
RON 4.310404
RSD 99.553038
RUB 76.792845
RWF 1455.283522
SAR 3.749738
SBD 8.058149
SCR 13.675619
SDG 601.503676
SEK 9.023204
SGD 1.272904
SHP 0.750259
SLE 24.450371
SLL 20969.499267
SOS 568.818978
SRD 37.818038
STD 20697.981008
STN 20.719692
SVC 8.724259
SYP 11059.574895
SZL 16.08271
THB 31.535038
TJS 9.342721
TMT 3.505
TND 2.847504
TOP 2.40776
TRY 43.612504
TTD 6.752083
TWD 31.590367
TZS 2577.445135
UAH 42.828111
UGX 3547.71872
UYU 38.538627
UZS 12244.069517
VES 377.985125
VND 25950
VUV 119.620171
WST 2.730723
XAF 554.743964
XAG 0.012866
XAU 0.000202
XCD 2.70255
XCG 1.797032
XDR 0.689923
XOF 554.743964
XPF 101.703591
YER 238.403589
ZAR 16.04457
ZMK 9001.203584
ZMW 18.570764
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • NGG

    1.1700

    88.06

    +1.33%

  • GSK

    1.0600

    60.23

    +1.76%

  • RYCEF

    0.2600

    16.88

    +1.54%

  • CMSC

    -0.0400

    23.51

    -0.17%

  • RIO

    2.2900

    93.41

    +2.45%

  • AZN

    5.8700

    193.03

    +3.04%

  • RELX

    -0.7100

    29.38

    -2.42%

  • BP

    0.8400

    39.01

    +2.15%

  • BTI

    0.8400

    62.8

    +1.34%

  • BCE

    -0.4900

    25.08

    -1.95%

  • BCC

    1.8700

    91.03

    +2.05%

  • CMSD

    0.0600

    23.95

    +0.25%

  • JRI

    0.0900

    12.97

    +0.69%

  • VOD

    0.4900

    15.11

    +3.24%

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