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Norway parliament deal marks major step towards seabed mining

Wednesday, December 6 2023

General – Ocean Mining

Norway’s minority government and two opposition parties have agreed to allow seabed mineral exploration in the Arctic region, they said on Tuesday, in a key step towards full-scale ocean mining.

The deal comes as Norway hopes to become the first country to make deep-sea mining happen on a commercial scale and secure critical minerals and jobs despite concerns over the environmental impact and international calls for a moratorium.

The amended version of the government’s proposal, which parliament will formally debate on Jan. 4 followed by a vote, sets stricter environmental survey requirements during the exploration phase than originally planned.

The compromise also gives parliament the final say at a later date on whether to approve full-scale mining based on data gathered from the deep-sea environment during the initial exploration.

The deal was agreed between the two parties in the minority government – Labour and the Centre Party – and the opposition Conservatives and the Progress Party, securing a comfortable majority.

Baard Ludvig Thorheim, a member of parliament for the Conservatives, told Reuters the environmental bar for seabed mining had been set fairly high in the amended proposal.

“We believe, and hope, it will become the international standard for this activity,” he said. “At the same time it is important that it is a framework that is predictable for commercial players, on which we rely on for these activities.”

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Filed Under: International projects, Norway, Ocean mining Tagged With: norway, ocean mining

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