https://www.engineeringnews.co.za
Copper|Energy|Environment|Exploration|Mining|Solar|Sustainable|Turbines|Turbines
Copper|Energy|Environment|Exploration|Mining|Solar|Sustainable|Turbines|Turbines
copper|energy|environment|exploration|mining|solar|sustainable|turbines-company|turbines-person

Norway to award Arctic blocks for seabed mining in 2025

27th June 2024

By: Reuters

  

Font size: - +

OSLO - Norway offered large areas of the Arctic region for its inaugural seabed mineral licensing round on Wednesday and aims to award exploration permits during the first half of 2025, the country's energy ministry said.

Norway may become the first country in the world to start commercial deepsea mining, hoping to extract minerals needed for solar panels, wind turbines and electric car batteries needed to replace fossil fuel energy.

"The world needs minerals for the green transition, and the government wants to explore if it is possible to extract seabed minerals in a sustainable manner from the Norwegian continental shelf," Energy Minister Terje Aasland said in a statement.

The government has previously said preliminary official resource estimates showed substantial accumulations of metals and minerals, ranging from copper to rare earth elements.

In January, the Norwegian parliament voted in favour of opening about 280 000 km2 of ocean areas between Jan Mayen island and the Svalbard archipelago for seabed mineral exploration.

The 386 blocks proposed on Wednesday cover about 38% of the total area opened by parliament, and the selection was based on industry input, the energy ministry said.

Seabed mining, however, has attracted criticism from environmentalists concerned at the prospect the pursuit of profit will disrupt one of the last parts of the natural environment that is relatively pristine and is little understood. They are challenging Norway's plans in court.

WWF, which filed the lawsuit in May, condemned the proposal on Wednesady, saying it was a significant blow to the country's reputation as responsible steward of the oceans.

Greenpeace, also on Wednesday, said the proposed blocks constituted a "shockingly large" area, given previous warnings from scientists regarding the potential impact on fragile ecosystems.

Seabed mineral exploration plans also face opposition from a number of countries, including France, that have called for a global moratorium to take more time to better understand the impact on deepsea organisms.

The Council of the European Union on Tuesday "noted with concern" Norway's seabed mining plans, emphasising the need for a thorough impact assessment.

The Norwegian government has said the initial exploration stage will have a minimal impact on seabed organisms and that companies will need separate consents before any production can start.

Edited by Reuters

Comments

Showroom

Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Economic growth a top priority for GNU
Economic growth a top priority for GNU
19th July 2024 By: Creamer Media Reporter
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.233 0.295s - 192pq - 2rq
Subscribe Now