Norway opens large areas in the north Atlantic for deep sea mining. The coalition under prime minister Jonas Gahr Støre went in for this project which was now accepted by the Storting (Norwegian parliament) on Tuesday, 09 January 2024.
Thus, a huge area between Spitsbergen, Jan Mayen and Norway is now open for deep sea mining.
Large amounts of important and valuable minerals are expected in these areas, including 38 million tons of copper, 45 million tons of zinc, 185 million tons of manganese, 229.300 tons of lithium and many more. These figures are actually rough estimates quoted from a government strategy paper (Melding til Stortinget 25), the exact size of potential occurrences is unknown as the ocean floor in general. The paper emphasises the strategic value of these minerals for renewable energies and batteries and dependencies on global markets.
Both Norwegian and international environmentalists oppose to deep sea mining. Ocean floors are the largest still almost completely areas of planet Earth. Scientists expect high biodiversity and unknown ecosystems in the deep sea, which may suffer severely from deep sea mining. They also fear significant negative consequences, amongst others, on the ability of the oceans and ocean floors to accumulate and store the greenhouse gas CO2 and impact of mining on marine wildlife such as whales.
There are so far no international regulations for deep sea mining. The International Seabed Authority (ISA) works on such regulations, but a result is not expected before 2025.