The Norwegian government in June 2023 opened the door for deep-sea mining in its waters, despite opposition from environmental groups and a growing list of nation states arguing to ban the practice. The government said it was proposing parts of the Norwegian continental shelf be opened for deep sea mining and other commercial seabed mineral activities…Companies and countries are scouring the planet to find and secure additional sources of metals and minerals critical for the energy transition, including cobalt, manganese and nickel. To date deep-sea mining has focused on the extraction of seabed nodules—tennis-ball sized pieces of rock which contain manganese, cobalt and nickel, all of which are used in electric-vehicle batteries.
So far much of the attention has centered on the Clarion Clipperton Zone in the Pacific Ocean: An area of water between Mexico and Hawaii that contains millions of tons of nodules. In Norway however, the focus will be on seabed crusts on the country’s continental shelf. The target crusts contain copper, zinc and cobalt, as well as some rare-earth elements, according to the Norwegian Petroleum Directorate…
Countries including France and Germany have called for moratoriums on deep-sea mining, while in May 2023 a report found that when researching the pacific seabed, 90% of the more than 5,000 marine creatures found living in the Clarion Clipperton Zone were new species. Companies including Maersk and Lockheed Martin have also been divesting their deep-sea mining investments.
Excerpts from Yusuf Khan, Norway Opens Door for Deep-Sea Mining of Copper and Other Critical Materials, WSJ, June 20, 2023