UK Seabed Resources
Commons · Question 5389 · Tabled 11 Sep 2024 · Department for Business and Trade · Official record
Answered 11 Oct 2024
Question
Asked by Charlotte Nichols
To ask the Secretary of State for Business and Trade, whether his Department made an assessment of the potential costs and benefits to the UK of UK Seabed Resources Limited's two International Seabed Authority exploration licences.
Answer
Answered by Sarah Jones, 11 Oct 2024
The Department for Business and Trade has considered the potential future impacts to the UK in holding two Deep Sea Mining exploration licences and have found there is an opportunity for the UK to take a lead in this emerging market with potential for gro...