Dubai Telegraph - Trump-backed push for deep-sea mining 'unlawful': international regulator to AFP

EUR -
AED 4.231182
AFN 76.040018
ALL 93.28332
AMD 419.960542
AOA 1057.652191
ARS 1711.458707
AUD 1.643934
AWG 2.073827
AZN 1.960953
BAM 1.952337
BBD 2.312508
BDT 141.778513
BHD 0.432936
BIF 3407.171149
BMD 1.152126
BND 1.473612
BOB 13.633994
BRL 5.849809
BSD 1.148148
BTN 109.45727
BWP 15.655299
BYN 3.33999
BYR 22581.676638
BZD 2.309214
CAD 1.617805
CDF 2621.087293
CHF 0.931898
CLF 0.027053
CLP 1068.193963
CNY 7.778353
CNH 7.781565
COP 3630.085168
CRC 521.479526
CUC 1.152126
CUP 30.531349
CVE 110.071189
CZK 24.204443
DJF 204.458219
DKK 7.475393
DOP 66.612421
DZD 153.121031
EGP 57.960488
ERN 17.281895
ETB 183.477644
FJD 2.553575
FKP 0.854585
GBP 0.856473
GEL 3.012759
GGP 0.854585
GHS 13.422366
GIP 0.854585
GMD 84.68235
GNF 10079.165325
GTQ 8.760575
GYD 240.177101
HKD 9.035303
HNL 30.764563
HRK 7.532716
HTG 150.130865
HUF 363.546597
IDR 20724.448947
ILS 3.51966
IMP 0.854585
INR 109.768614
IQD 1504.125456
IRR 1584317.759414
ISK 141.999892
JEP 0.854585
JMD 181.766793
JOD 0.816815
JPY 180.83793
KES 149.086432
KGS 100.75315
KHR 4645.980752
KMF 491.958073
KRW 1648.894445
KWD 0.356756
KYD 0.956807
KZT 544.057313
LAK 26002.215821
LBP 102821.361766
LKR 385.441323
LRD 207.241496
LSL 18.991261
LTL 3.401929
LVL 0.69691
LYD 7.346002
MAD 10.725814
MDL 20.064671
MGA 4910.311403
MKD 61.464255
MMK 2419.100294
MNT 4140.198973
MOP 9.275407
MRU 46.144549
MUR 54.081118
MVR 17.811624
MWK 1990.877223
MXN 19.963758
MYR 4.717923
MZN 73.632627
NAD 18.991096
NGN 1567.525326
NIO 42.255231
NOK 10.986072
NPR 175.130114
NZD 1.963586
OMR 0.442993
PAB 1.148139
PEN 3.891098
PGK 5.140903
PHP 70.237063
PKR 318.87157
PLN 4.299897
PYG 6845.886481
QAR 4.19721
RON 5.244248
RSD 117.354485
RUB 91.881726
RWF 1685.517545
SAR 4.311981
SBD 9.310454
SCR 16.117074
SDG 691.27601
SEK 10.988786
SGD 1.477625
SLE 28.449336
SOS 656.133304
SRD 43.529064
STD 23846.689499
STN 24.456725
SVC 10.046224
SZL 18.988401
THB 38.419381
TJS 10.597356
TMT 4.043964
TND 3.375357
TRY 54.769495
TTD 7.796205
TWD 37.395143
TZS 3045.742793
UAH 51.245723
UGX 4311.408559
USD 1.152126
UYU 46.197854
UZS 13743.681113
VES 859.136475
VND 30265.78339
VUV 137.160822
WST 3.150479
XAF 654.798361
XAG 0.019762
XAU 0.000284
XCD 3.113679
XCG 2.069239
XDR 0.814359
XOF 654.798361
XPF 119.331742
YER 274.548333
ZAR 18.995566
ZMK 10370.552523
ZMW 21.567837
ZWL 370.984218
  • RBGPF

    0.0000

    69.21

    0%

  • RYCEF

    -0.3100

    19.55

    -1.59%

  • CMSD

    0.0900

    22.11

    +0.41%

  • CMSC

    0.0300

    21.84

    +0.14%

  • BCC

    1.0000

    76.38

    +1.31%

  • BCE

    -0.0200

    21.68

    -0.09%

  • NGG

    -0.4200

    79.97

    -0.53%

  • RIO

    -0.3300

    96.85

    -0.34%

  • JRI

    0.0900

    12.96

    +0.69%

  • RELX

    -1.1900

    35.42

    -3.36%

  • VOD

    -0.3600

    15.78

    -2.28%

  • GSK

    -0.3800

    51.69

    -0.74%

  • BP

    1.0000

    45.22

    +2.21%

  • AZN

    -1.7000

    169.64

    -1%

  • BTI

    -1.0400

    60.65

    -1.71%

Trump-backed push for deep-sea mining 'unlawful': international regulator to AFP
Trump-backed push for deep-sea mining 'unlawful': international regulator to AFP / Photo: William WEST - AFP

Trump-backed push for deep-sea mining 'unlawful': international regulator to AFP

Deep-sea mining companies face a blizzard of litigation if they forge ahead with "unlawful" plans backed by US President Donald Trump to dig critical minerals from the ocean floor, the head of the International Seabed Authority (ISA) told AFP on Friday.

Text size:

The UN-backed body is tasked with setting regulations for deep-sea mining in international waters, and is currently drafting the founding set of rules for the polarising industry.

Frustrated after years of waiting for this legal framework, a string of companies have declared they will sidestep the authority and instead start mining using untested US laws.

ISA Secretary-General Leticia Carvalho said she would "firmly consider this to be unlawful activity".

"No entity alone, no country alone, no investor alone has the right to benefit or tap into resources in the areas outside of its jurisdiction," she told AFP.

"I can envisage a big amount of litigation coming if this happens.

"This unilateral action will trigger many, many legal systems. And I hope this regulatory cacophony is not going to happen."

Companies hope to earn billions by scraping the ocean floor for polymetallic nodules loaded with manganese, cobalt and nickel.

Surging demand for these critical minerals has been driven by the rise of electric vehicles, rechargeable batteries and durable alloys used in everything from construction to medicine.

Critics fear deep-sea mining will smother marine life with waste and the noise of heavy machinery will disrupt oceanic migrations.

Dozens of nations, including the UK, France and Germany, have called for mining to be either permanently banned or temporarily halted until these environmental fears can be addressed.

While exploration for deep-sea mining is far advanced, no company or nation has started production on a commercial scale.

They have been forced to wait as the ISA's 172 members hash out a detailed "mining code" covering everything from the safe operation of mining vessels to methods for measuring environmental damage.

- 'Lose the race' -

Trump upended this painstaking process in 2025, directing officials to fast-track permits for deep-sea mining in international waters.

Trump's move was based on an obscure and untested US law from 1980 which says that citizens can mine in the ocean as long as it lies outside America's maritime territory.

Canada-based frontrunner The Metals Company was one of the first firms to announce it would seek US approval for deep-sea mining.

Carvalho, a Brazilian oceanographer who was elected to head the International Seabed Authority in 2024, said the prospect of a legal showdown was one of the most troubling issues on her mind.

"This is one of the most important things that takes my sleeping hours, if I can be very honest," she said.

"If they do it before the mining code and the legal framework is established, it's unlawful."

Carvalho spoke to AFP from Fiji, where she has been meeting with Pacific island leaders in a push to build consensus around the authority's mining code.

There are fears that, if the ISA cannot adopt a comprehensive set of deep-sea mining rules, other nations will merely pass their own less-stringent regulations.

Carvalho said she hoped to have at least a basic mining code in place by the end of this year, warning that the ISA "might lose the race" if members did not act with urgency.

"I hope that this year is a year of resolution and decision. And if not this year, next year."

S.Al-Balushi--DT