Norway considers opening Germany-sized area to deep-sea mining
The country’s energy ministry plans to submit to parliament in the next two weeks a proposal to open an area close to Svalbard to applications for exploration and extraction.
The planned investment, a tenfold increase on the $271 million pledged in the same period last year, dwarfs that of its closest rival, the United Arab Emirates,
The Supreme Court said earlier this month that the federal government’s broad-based environmental reviews around large mines and major infrastructure associated are unconstitutional.