Understanding, Protecting and Utilizing Deep Sea Resources: The Special Case of Polymetallic Nodules
When it comes to natural resource extraction, typically you have one state agency writing the rules, often with few stakeholders at the table. That’s why the regulatory regime being developed by the 168 member states of the UN International Seabed Authority (ISA) is so unique. Not only do we have countries from around the world collaborating to develop an operational code with the goal of minimizing impact before any activity takes place, we have an unprecedented opportunity to protect biologically important areas of the Clarion Clipperton Zone.
DeepGreen Chairman and CEO Gerard Barron recently presented at the Bank of America Merrill Lynch Global Metals, Mining and Steel Conference in Barcelona. Click below to download his presentation.
DeepGreen and Allseas partner to harvest deep sea metals to meet skyrocketing growth in electric vehicle demand
- Allseas, a global leader in offshore pipeline installation, heavy lift and subsea construction, will contribute world-class offshore engineering resources and cash investment to the partnership
- The alliance is expected to propel DeepGreen’s leadership position in the acquisition of base and strategic metals obtained from vast high-grade seafloor polymetallic nodule deposits containing nickel, manganese, copper and cobalt
- Deal is part of USD $150m private equity investment round co-led by Macquarie Capital and Fearnley Securities
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