The SBMA statement said that there is development risk associated with polymetallic nodules, and that is a key reason why government issues licences to commercial companies rather than trying to develop the minerals itself with taxpayers’ money.
The Cook Islands Seabed Minerals Authority (SBMA) has reaffirmed its commitment to safeguarding national interests in response to an international report that highlighted the economic risks of deep-sea mining.
The Cook Islands Seabed Minerals Authority (SBMA) has reaffirmed its commitment to safeguarding national interests in response to an international report that highlighted the economic risks of deep-sea mining.
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