UK says transfer of deep-sea mining permits could prompt security review

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The British government is pushing a home buyer to take over the Pacific Ocean Deep Mining Licenses, as it strives to move forward in the global race of precious coastal metals.

Norwegian Loke minerals, which belong to the license of the UK, have applied to bankruptcy at the beginning of this month to raise the capital. This launch started auction process for two search permits in the UK government.

The transfer of the license may be reviewed by the British National Security Investment, the Department of Business and Trade Written by the Financial Times, which is considered financial times.

It will be “problematic” for the ULFs to have a Norwegian parent company, “said the official, adding:

The Act allows the powers of the government to study and intervene in business transactions to protect national security. The British business and trade department refused to comment.

The Lug said that the structure of ownership is a question, the new owner of “UKSR” and the Government of the United Kingdom.

This step is the last sign of new interest in the battery metal competition, including Nikel, Cobalt and Copper, which are found on the beach, behind the victories of the US President in recent weeks. Fast-track the Flandgling industryA number

According to the current settlement, the exploration licenses of coastal mining in international waters must support or sponsored by the UN Convention on the UN.

This is designed to ensure that companies that are not directly related to the contract are still maintained by high standards.

China is expected to praise in the maritime part, as it sponsors more intelligence licenses in international waters than any other country. But Norway has set out plans to become The world’s first country Deep-Seat’s mining industry on a commercial scale in its own national waters.

Contrary, countries, including Britain, France and Germany, have their bets on the future of marine exploration, as they are trying to balance the environmental opposition through efforts to strengthen important mineral supplies to Europe.

They are among those countries that are sponsored by de facto regulator, with contracts allocated by Jamaica International Seamakers, a seaweed seaway.

At the same time, the nations claim that very little is known about the consequences of the integral and animal mining of the deep sea, so that it goes forward.

Even when geopolitical interest grows up to the coastal metals, the industry is fighting to attract capital, the large miners of which are reluctant to sign the metal overcrowding contracts.

The industry regulation is also uncertainty, and where sea metals will be processed.

Last year, ISA told the Chief Executive of Liquak that the UKSR was in danger of “non-compliance” by FT. The UKSR has sold the US Protection Contractor Lockheed Martin to 2023 Loke.

According to the issue, the organization follows its license fees.

“We have not been able to raise capital, and we are running out of money,” said the person close to Lokk, accusing the long-term discussion of ISA member states in order to further mining in the future of industry.

“It takes two for a tango..

The campaign Greenpeace has acquired an ISA and the Government of the United Kingdom, when it has recently entered auction for two British licenses, which is designed to move forward.

The non-profit organization has been informed that the other applicants include the founders of the LIKK and the UK-based offshore technology company TechnicipFMC, which has invested in Lospel. TECHNIPFMC did not answer the comment request.

Contractors that are included in the sponsorship country, but by a parent company abroad, are effectively controlled by a “mockery” legal framework that manages the coaligner in a deep sea-protection coalition.

Additional report by Camilla Hodgson