TMC submits deep sea recovery application

In what its executives have called a world first, The Metals Company (TMC) has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration licenses and one commercial recovery permit under the Deep Seabed Hard Mineral Resources Act (DSHMRA). CEO Gerard Barron said the company made the move after last month’s executive order from U.S. President Donald…

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Deep-sea mining plans on hold 

U.N.-backed regulator Council of the International Seabed Authority ruled out any immediate permission for deep-sea mining to begin after a meeting in Jamaica ended without agreement on how to regulate the industry, reported Reuters. “What seems crystal clear is that the majority of states feel very uneasy about a license being granted before the regulations are in place, enough scientific…

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