Two parallel regulatory regimes for deep-sea mining have begun to emerge in recent years. On the one hand, the International Seabed Authority (ISA), an autonomous international organization established under the 1982 United...more
We have been following the International Seabed Authority (“ISA”) Council’s negotiations and drafting of the Exploitation Rules, Regulations and Procedures (“Exploitation RRPs”) for the deep seabed beyond national...more
Deep-sea mining activities on the seabed and ocean floor beyond national waters are a risky and capital-intensive venture. The unpredictability of little-known ecosystems and environmental impacts translate into regulatory...more
Deep-sea mining activities in the seabed and ocean floor beyond national jurisdiction, including the collection of polymetallic nodules, are governed by the UN Convention of the Law of the Sea (UNCLOS) and the agreement...more
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)
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
On March 29, 2024, the International Seabed Authority’s (“ISA”) Council concluded the first part of its 29th Session continuing the negotiations and drafting of the Exploitation Rules, Regulations and Procedures (“RRPs”) for...more
The second part of 28th Session of the International Seabed Authority’s Council continues in Jamaica with the international community lying anxiously in wait. One major international actor is notably absent from the...more
As set out in our previous alert Pivotal Year for Deep-Sea Mining, the deep seabed is rich in mineral concretions containing cobalt, nickel, copper and manganese called polymetallic nodules. A vast number of these nodules are...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