Demand for cobalt, and other metals for batteries used in mobile electronics and electric vehicles, is forecast to dramatically increase. A potential new source of minerals from the deep-sea could enter battery supply chains in under a decade.
Read MoreYou can read all the latest news and updates on the Cook Islands seabed minerals sector here.
Applicants for exploratory licences for seabed mining will be put through a “rigorous” licensing process to ensure they will apply the best environmental practices, says Deputy Prime Minister Mark Brown.
Read MoreThe Cook Islands Seabed Minerals Authority announce the passing of the Seabed Minerals Amendment Act 2020 which was enacted in Parliament on 30th June 2020. An information note has been prepared outlining responses to submissions received by the Authority.
Read MoreThe media play an important role as a source of information for the public, which assists in educating and raising awareness on issues, such as SBM. “In order to develop a meaningful and constructive dialogue on this topic, it is fundamental that statements and positions are fairly and accurately recorded” said Herman.
Read MoreOn June 23rd at the New Hope church, Tutakimoa, the Seabed Minerals Authority were pleased to present the SBM amendment bill 2020 to the public for consultation. The presentation covered the background of the SBM Act 2019 before focusing on the proposed amendments.
Read MoreThere was overwhelming support from all sectors to explore our ocean for more knowledge, data and information, he said, to make the most informed decisions related to harvesting the minerals and improving the lives of Cook Islands people.
Read MoreThe proposed amendments aim to achieve the purpose of the Act and reflect best practice. The result is a strong and robust legislative framework.
Read More“So a consequence of that is the demand for minerals associated with a low carbon economy that leads us to the question then of how these metals going to be sourced, if we are going to move to that low carbon economy.”
Read More“Government will not allow the commercial recovery of our nodules unless we are satisfied that there is efficient information on how to minimise any potential environmental impacts. Exploration is a fundamental key to understanding our environment….. without exploration we are not going to have a realistic way of gaining a better understanding of the deep-sea environment.”
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