News: By Source
"A Startup Plans to Mine the Ocean Floor. It Could Be a Disaster." — Adam Minter — Bloomberg — July 22, 2021
Canadian startup DeepGreen is touting seabed mining as a green alternative to land-based mineral extraction but scientists warn that seabed mining could result in environmental damages “irreversible on multi-generational timescales.”
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"A Mining Startup’s Rush for Underwater Metals Comes With Deep Risks" — Todd Woody — Bloomberg — June 23, 2021
DeepGreen built a nearly $3 billion valuation on the dream of gently excavating the ocean floor. Now environmentalists want to block its plans to go public.
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"Deep-Sea Mining for Rare-Earth Metals Looms, as Do Environmental Questions" — Adam Allington and Stephen Lee — Bloomberg — September 28, 2018
Once thought too expensive and too difficult, commercial scale mining of the deep sea is poised to become a reality as early as 2019. But scientists warn reaching rare minerals on and under the sea floor could cause irreversible damage to an environment that is still poorly understood.
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