Mining companies hope that 2025 will be the year they can finally start extracting valuable minerals from the ocean floor.
For more than two decades, the International Seabed Authority (ISA), the United Nations-affiliated agency responsible for regulating deep-sea mining on the high seas, has been unable to finalize norms for extracting minerals found on the ocean floor. Negotiations remain at a stalemate, with the impasse potentially allowing countries to proceed without a global agreement.
Source: www.newscientist.com