Source: CNBC
“Norway has shelved plans to open a vast ocean area at the bottom of the Arctic for commercial-scale deep-sea mining. The decision, which was confirmed late Sunday, comes after the country’s Socialist Left Party said it would not support the minority government’s budget unless it dropped the first licensing round for mineral activities, initially scheduled for the first half of next year. Environmental campaigners welcomed the agreement as a ‘huge win’ and ‘an important step in stopping this industry from destroying life at the bottom of the sea.'” (12/02/24)
https://www.cnbc.com/2024/12/02/norway-hits-pause-on-controversial-deep-sea-mining-plans.html