Deep-sea ‘gold rush’: secretive plans to carve up the seabed decried

Jonathan Watts for The Guardian

Private mining firms and arms companies are exerting a hidden and unhealthy influence on the fate of the deep-sea bed, according to a new report highlighting the threats facing the world’s biggest intact ecosystem.

An investigation by Greenpeace found a handful of corporations in Europe and North America are increasingly dominating exploration contracts, mainly in search of cobalt and nickel, and have at times taken the place of government representatives at meetings of the oversight body, the UN’s International Seabed Authority (ISA).

Read more: Deep-sea ‘gold rush’: secretive plans to carve up the seabed decried

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