The United Nation’s International Seabed Authority (ISA) is in the process of agreeing a law on deep sea mining, which could be adopted by the end of 2020.
The next talks taking place at the ISA, scheduled for July, will focus on the text regarding the rules and regulations for exploitation of international waters. However, it has been noted that it could take several years for any actual mining to begin.
The renewed momentum regarding deep sea mining has been headed by ISA member China and its quest for battery minerals. Further, interest in legislation has also been put forward by Belgium, Britain, Germany, Poland and the Middle East.