Mining corporations are hoping that 2025 would be the yr they’ll lastly begin harvesting priceless minerals from the ocean flooring.
For over 20 years, the Worldwide Seabed Authority (ISA), the UN-affiliated physique charged with regulating deep-sea mining in worldwide waters, has been unable to finalise a code for the harvesting of minerals discovered on the ocean flooring. With negotiations remaining deadlocked, the deadlock may see states going forward and not using a international settlement.