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deep sea mining
Inside the Shadowy Forum Trying (and Likely Failing) to Make Deep-Sea Mining Happen
The goal of an invitation-only event seemed to be to foster a shared belief among government officials and mining industry executives that deep-sea mining has a future. I’m not sure it worked.
Feb 06, 2026
In the chaotic aftermath of Snowmaggedon 2026, I snuck into the Offshore Critical Minerals Exploration and Development Forum at the famed Willard Hotel, known for hosting exclusive insider events and serving as a primary gathering spot for Washington DC’s “movers and shakers.” This event fit that mold—but with the growing secrecy of the deep-sea mining crowd added for extra flavor.
Hosted by the American Council for Capital Formation (ACCF), the goal of this invitation-only event seemed to be to foster a shared belief among government officials and mining industry executives that deep-sea mining has a future. I’m not sure it worked.
The Elephant Was Still in the Room
ACCF’s Michael Zehr set the tone early, making sure everyone understood that “we’re not here to discuss the ISA [International Seabed Authority] and UNCLOS [United Nations Convention on the Law of the Sea].”
OK, look, I get it. I’m sure they had to promise that the agenda would steer clear of prickly issues of international law to get the Trump officials to show up. But it’s a bit delusional to assume that the US will just carry on with President Donald Trump’s plan to bypass the International Seabed Authority after Trump is gone, so avoiding this issue completely undermined the whole purpose of the gathering.
“This Is an Industry That Does Not Exist”
Not only does deep-sea mining not yet exist, as Ocean Minerals CEO Hans Smit pointed out, it is an industry that should not exist. Humanity does not have a very good track record when it comes to launching new extractive industries, as even the predictable consequences are often dwarfed by the impacts we didn’t fully see coming. But this was not the group of people who were going to pause for that kind of self-reflection.
Instead, the mining CEOs did their best to convince everyone that deep-sea mining is easy and definitely going to happen while simultaneously making excuses for why it might take a long time. The investors tried to politely raise some of their huge glaring concerns in a way that wouldn’t alarm the government officials. And the Trump administration officials waved away questions about whether future leaders are going to just pull the plug on Trump’s reckless approach. Throughout the day, speakers probably spent more time worrying about environmentalists than the environment, which I suppose was no surprise coming from this bunch.
“It Has Been Hard”
The speakers responsible for raising the capital to make DSM possible acknowledged that investors are not exactly jumping on this rusty bandwagon. Mining is right up there with tobacco, alcohol, pornography, and gambling for many investors, who categorically exclude financing industries that fail the vice clause screen. Even those who might be willing to overlook the environmental impacts or reputational risks have held back, apparently for two main reasons.
As someone who has worked closely with staff at NOAA, State, and other federal agencies for over 20 years, it was galling to see how completely captured these agencies have become by corporate interests.
First, deep-sea mining is fantastically expensive to get going, and so far no one is close to being ready to operate at commercial scale. No one wants to throw hundreds of millions of dollars into a venture that may well be headed for bankruptcy (again). Which is connected to the second big problem, which came up throughout the day: durability. This administration will be out of office well before commercial mining will be operational, and probably even before it can be permitted. Even Tim Petty, the assistant secretary of commerce, refused to speculate on whether the Trump administration could move fast enough to actually grant permits, looking visibly uncomfortable and just saying, “We’ll see.”
Sometimes, when they avoid the question, it is all the answer you need. Petty also ducked a question about the approach the administration will take to consultation with Pacific stakeholders, responding with a completely unrelated tangent. Then, when he was asked about a comment Rep. Ed Case (D-Hawaii) had just made at a congressional hearing, that the National Oceanic and Atmospheric Administration (NOAA) is in bed with The Metals Company, Petty preferred to recount that in his meeting with staffers, “None of the questions about the environment came up”—as if that was some sort of validation.
Open for Business
As someone who has worked closely with staff at NOAA, State, and other federal agencies for over 20 years, it was galling to see how completely captured these agencies have become by corporate interests. Don’t get me wrong, corporations have always had far too much influence over public policy, but hearing NOAA’s Deputy Assistant Secretary Erik Noble say repeatedly that “NOAA is open for business” does not exactly provide much assurance that the agency responsible for stewardship of our oceans is up to the task right now. The general message from NOAA and Bureau of Ocean Energy Management (BOEM) officials to mining execs was clear: We are on your side. Regulations and laws are flexible, money will flow, incentives are coming. Tell us what you need and we will make it happen. To drive the point home even harder, Megan Carr used the gathering as an opportunity to announce that BOEM was launching a new process to start paving the way for deep-sea mining on Alaska’s outer continental shelf.
The Echo Chamber
It was painful to sit through a day of delusional boosterism, especially from agencies that are responsible for protecting our oceans and America’s standing in the world. By the second half of the day, though, it was clear that there were hardly any “investors” in the room, and that the audience was mostly just made up of a rotating group of speakers talking to each other. Two-thirds of the seats were empty, and so, ultimately, was the promise of any real discussion when fundamental issues were off the table, speakers were unwilling to answer questions (from moderators only—no questions were ever taken from the audience), and people with other perspectives were not invited.
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In 'Historic Victory' for Oceans, Norway Pauses Controversial Deep-Sea Mining Plans
"We will not let this industry destroy the unique life in the deep sea, not in the Arctic, nor anywhere else," one campaigner said.
Dec 03, 2025
In a move celebrated by environmental advocates as a "massive win for nature," the Norwegian government on Wednesday delayed the issuing of deep-sea mining licenses in its Arctic waters for a second year in a row, this time until 2029.
In January 2024, Norway drew massive criticism from ocean campaigners and scientists when it became the first European country to open its waters to the controversial practice. Since then, however, smaller parties have twice succeeded in delaying the granting of licenses in return for passing the yearly budget.
“Deep-sea mining in Norway has once again been successfully stopped," Haldis Tjeldflaat Helle, the deep-sea mining campaigner at Greenpeace Nordic, said in a statement. "We will not let this industry destroy the unique life in the deep sea, not in the Arctic, nor anywhere else."
Wednesday's decision came as part of the new Labour government's budget negotiations, as the Reds, the Socialist Left Party, and the Green Party all opposed granting licenses. To pass its state budget, the government agreed "not to launch the first tenders for deep-sea mining during the current legislative term," which lasts four years, according to Agence France-Presse. The agreement comes a year after a similar intervention by the Socialist Left Party delayed the first round of licenses.
"Wherever this industry tries to start, it fails. We can protect the oceans from extraction."
The Norwegian government also said it would no longer direct public funds toward mapping for minerals, which Greenpeace called a "major shift in its stance on deep-sea mining."
The World Wildlife Fund (WWF) agreed, saying, "This decision represents a significant shift in Norway’s position and is a historic victory for nature, science, and public pressure."
A 2024 Greenpeace report warned that mining the Arctic seabed could cause "irreversible harm" to its unique ecosystems and even drive some as yet unstudied species extinct.
“This decision is a historic victory. Norwegian politicians decided to listen to scientific expertise and to the strong public demand to protect the vulnerable deep-sea environment, rather than being swayed by the mining lobby,” Karoline Andaur, CEO of WWF-Norway, said in a statement.
Louisa Casson, a Greenpeace International deep-sea mining campaigner, wrote on social media: "Deep-sea miners thought it would be easy to start mining the Arctic seafloor… But thanks to campaigning, Norway has just halted all deep-sea mining development! Wherever this industry tries to start, it fails. We can protect the oceans from extraction."
Deep-sea mining opponents like Greenpeace saw Norway's decision as "another blow" to an industry that has faced widespread popular opposition. It follows the decision by the Cook Islands last month to postpone a determination on deep-sea mining until 2032.
“There is no version of seabed mining that is sustainable or safe," Greenpeace Aotearoa campaigner Juressa Lee said in a statement at the time. "Alongside our allies who want to protect the ocean for future generations, we will continue to say a loud and bold no to miners who want to strip the seafloor for their profit.”
Following its pause on licenses, environmental advocates want Norway to bolster the growing momentum against deep-sea mining by joining the nations who have signed on in support of a global moratorium.
"Now Norway must step up and become a real ocean leader, join the call for a global moratorium against deep-sea mining, and bring forward a proposal of real protection for the Arctic deep sea," Helle said.
WWF's Andaur noted that "as cochair of the High-Level Panel for a Sustainable Ocean Economy, Norway now has a unique opportunity be consistent and stand alongside their cochair Palau and the 40 countries already supporting a global moratorium or pause on deep-seabed mining, turning this national pause into true global ocean leadership."
“Millions of people across the world are calling on governments to resist the dire threat of deep-sea mining to safeguard oceans worldwide," Greenpeace's Casson said. "This is yet another huge step forward to protect the Arctic, and now it is time for Norway to join over 40 countries calling for a moratorium and be a true ocean champion."
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Governments Fail to 'Rise to the Moment' as Seabed Meeting Ends Without Mining Pause
"There is still a chance to stop this industry before it begins, but only if governments stand up for science, equity, and precaution now," one campaigner said.
Jul 26, 2025
Despite growing momentum, world governments failed to agree to a moratorium on deep-sea mining as the 30th session of the International Seabed Authority wrapped up on Friday.
The authority's July meeting was the first since U.S. President Donald Trump signed an executive order to expedite permits for deep-sea mining under U.S. authority and The Metals Company (TMC) promptly applied for U.S. permits. Governments rebuked the U.S. and TMC for their unilateral approach and did not agree on a mining code that would allow the controversial practice to move forward under international law. However, campaigners said more decisive action is needed to protect the ocean and its biodiversity.
"Governments have yet to rise to the moment," Greenpeace International campaigner Louisa Casson said in a statement. "They remain disconnected from global concerns and the pressing need for courageous leadership to protect the deep ocean."
Casson continued: "We call on the international community to rise up and defend multilateralism against rogue actors like The Metals Company. Governments must respond by establishing a moratorium and reaffirming that authority over the international seabed lies collectively with all states—for the benefit of humanity as a whole."
Defending Multilateralism
The International Seabed Authority (ISA) gains its authority to regulate deep-sea mining under the United Nations Law of the Sea, to which the U.S. is not party. TMC, however, could suffer consequences for bypassing the international process, as other countries and companies may decide not to do business with it.
At the most recent session, the ISA's council decided not to revoke exploratory permits it had previously granted to TMC and its subsidiaries. However, it approved an investigation on Monday into whether mining contractors such as TMC subsidiaries Nauru Ocean Resources Inc. and Tonga Offshore Mining Limited were abiding by their obligations under international law.
"TMC has been testing the limits of what it can get away with, a bit like a child seeing how far it can go with bad behavior," Matthew Gianni, cofounder of the Deep Sea Conservation Coalition (DSCC), told The New York Times.
"The member countries of the ISA have basically sent a shot across the bow, a warning to TMC that going rogue may well result in the loss of its ISA exploration claims," Gianna explained, adding that the investigation also served as a warning to other companies who might consider following TMC's example.
"The Trump administration's pursuit of deep-sea mining isn't about global stewardship—it's about sidestepping it."
Casson agreed: "The international community's message to The Metals Company is clear: Violating international law, ignoring scientific consensus, and disregarding human rights will have consequences. This is also a warning to any companies or governments choosing to align themselves with [TMC CEO] Gerard Barron's business model—they must be prepared to bear the reputational fallout of trying to destroy the ocean."
At the same time, a U.S. representative spoke on Thursday, doubling down on Trump's dismissal of the international process and earning instant push back from Brazil, France, and China
"As a non-party to the Law of the Sea Convention, the United States is not bound by the convention rules dealing with seabed mining through the International Seabed Authority," the U.S. statement said in part.
The statement came days after Greenpeace released a report titled Deep Deception: How the Deep-Sea Mining Industry is Manipulating Geopolitics to Profit from Ocean Destruction, which details how TMC and other deep-sea mining companies are exploiting national security concerns to lobby U.S. lawmakers to fast track deep-sea mining.
"The U.S. statement confirms what Deep Deception has already exposed: The Trump administration's pursuit of deep-sea mining isn't about global stewardship—it's about sidestepping it," Arlo Hemphill, Greenpeace USA's project lead for the Stop Deep-Sea Mining campaign, said in a statement. "By rejecting the ISA's authority while claiming environmental responsibility, the U.S. is trying to have it both ways—and in doing so is advancing a 'smash and grab' agenda that puts ocean health and international cooperation at serious risk."
'Growing Resistance'
Ultimately, ocean advocates agree that the only way to protect the deep sea is for governments to agree to a precautionary pause on a practice they argue would do irreparable harm to ecosystems science barely understands.
The consensus for such a pause is building, with Croatia becoming the 38th nation to support one during the latest ISA meeting.
"The ISA is paralyzed by a small group clinging to outdated extraction agendas while blocking even the most basic reforms," Simon Holmström, the deep-sea mining policy officer for Seas at Risk, said in a statement. "The firm rejection of the U.S. and The Metals Company's power grab, alongside 38 countries now calling for a moratorium or precautionary pause, shows growing resistance to sacrificing the planet's least understood ecosystem for corporate short-term profit."
"To even consider a new form of ecocide on our already ailing planet is both reckless and irrational."
Several nations spoke strongly in favor a moratorium, including Palau, Panama, and France.
"Exploiting the seabed is not a necessity—it is a choice," said His Excellency Surangel S. Whipps Jr., president of the Republic of Palau, on Tuesday. "And it is reckless. It is gambling with the future of Pacific Island children, who will inherit the dire consequences of decisions made far from their shores."
A Pacific leader from Solomon Island also defended the interests of the Pacific Ocean community: "As Pacific people, we continue to carry the trauma of what extractive industries have already done to our homes. Mining companies that came with promises, stripped our lands and waters, and left behind ecological, cultural, and spiritual scars. We cannot let that cycle repeat itself, in the ocean that connects us. That sustains us. And that defines us."
Olivier Poivre d'Arvor of France called for a pause of 10-15 years: "Our message is clear: no deep-sea mining without science, without collective legitimacy, without equity [...] France is calling for a moratorium or a precautionary pause. What for? Because we refuse to mortgage the future for a few nodules extracted in a hurry, in favor of a few."
However, campaigners argued that many governments continued to fall short of the commitments they had made at the U.N. Ocean Conference (UNOC) in Nice in early June.
"Thirty-eight states have now joined the call for a moratorium or precautionary pause, with Croatia joining the coalition during this Assembly," said DSCC campaign director Sofia Tsenikli. "But too many other states, which were bold in their ocean promises at UNOC, are not putting this into action at the ISA. Governments must meet their promises by doing what it takes to implement a moratorium before it's too late."
Farah Obaidullah, founder and director of The Ocean and Us, argued that the ocean already faces too many other threats to add the additional burden of deep-sea mining.
"The health of the high seas including the seabed is critical to our own. Yet our shared heritage faces an onslaught of threats from climate and nature collapse, escalating tensions, and failed leadership," Obaidullah said. "To even consider a new form of ecocide on our already ailing planet is both reckless and irrational. We know that deep-sea mining will devastate life in the deep ocean, wipe out species before they have been discovered, and impact ocean functions, including carbon sequestration. When it comes to the ocean we have no time to lose. We cannot colonize and conquer our shared heritage which belongs to us all. There is only one responsible way forward, and that is to secure a moratorium on deep-sea mining."
DSCC's Gianni also argued strongly for a pause: "Being on the fence or remaining silent is not a politically defensible position. We are risking severe ecological damage, and future generations will ask what we did to stop it. There is still a chance to stop this industry before it begins, but only if governments stand up for science, equity, and precaution now, and take action to prevent companies within their jurisdiction from cooperating with rogue mining operations."
Greenpeace's Hemphill concluded: "Governments must secure a moratorium that leaves no room for a desperate industry to force through a mining code. The science is not ready. The legal framework is not in place. The world must not be bullied into an irreversible mistake for the benefit of a few."
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