With the entering into force of the European Union’s (“EU”) Critical Raw Materials Act (“CRMA”), the memorandum of understanding between the EU and Serbia and the European Bank for Reconstruction and Development (“EBRD”) and...more
9/3/2024
/ Energy Tax Incentives ,
EU ,
European Commission ,
Exploitation ,
Inflation Reduction Act (IRA) ,
International Energy Agency (IEA) ,
Mineral Exploration ,
Serbia ,
Supply Chain ,
Tax Credits ,
UK
In part one of an explainer series about international deep-sea mining regulation, Louise Woods and Elena Guillet share advice for setting up sponsorship agreements between contractors and sponsoring states. The ISA has...more
7/19/2024
/ Contractors ,
Exploitation ,
International Waters ,
Investment ,
Jurisdiction ,
Mineral Exploration ,
Minerals ,
Mining ,
Sponsorship Agreements ,
Supply Chain ,
United Nations Convention on the Law of the Sea (UNCLOS)
Reliable supplies of critical raw materials are essential for the green transition and to ensure the competitiveness of key national industries. The Inflation Reduction Act (IRA) in the US and the European Union’s Critical...more
The IRA and CRMA are the clearest results of a race to reclaim control over critical raw materials following the global supply chain vulnerabilities exposed during the pandemic and exacerbated by Russia’s invasion of Ukraine,...more
Sixty years after the discovery of polymetallic nodules and thirty years after the establishment of the International Seabed Authority (“ISA”), deep-sea mining could be licensed as early as July 2023. The ISA is expected to...more
In response to the further escalation of the Russia-Ukraine conflict, the US, EU and UK have imposed a severe package of restrictions on Russia. This new wave of sanctions targets broad areas of the Russian economy and...more