2.1 C
Belgrade
14/11/2024
Mining News

Germany rejects lift on deep sea mining ban, citing environmental risks and resource demands

Germany’s stance on the seabed mining ban reflects a broader debate over the environmental impact versus the potential economic benefits. The concern about the unknown consequences on fragile deep-sea ecosystems contrasts with the pressure to secure critical minerals for renewable energy technologies. Germany’s opposition to lifting the ban underscores a cautious approach to preserving these ecosystems until more is known about the potential long-term effects of deep-sea mining.

The Canadian company’s move to apply for a mining license highlights the ongoing interest in extracting valuable minerals from the seabed, driven by the demand for materials like manganese, cobalt, copper and nickel, essential for technologies such as batteries. As Germany and the EU work on diversifying their raw material sources, balancing economic interests with environmental stewardship remains a significant challenge.

Supported by

Related posts

China launches $5 billion mining initiative in Zambia to boost copper production

David Lazarevic

Peak Minerals signs deal to acquire majority stake in Suriname’s Tapanahony gold project

David Lazarevic

PT Vale and GEM Co. partner on $1.42 billion nickel processing project in Indonesia

David Lazarevic
error: Content is protected !!