UK Seabed Resources: Deep Sea Mining
Lords · Question HL985 · Tabled 11 Sep 2024 · Department for Business and Trade · Official record
Answered 8 Oct 2024
Question
Asked by Lord Randall of Uxbridge
To ask His Majesty's Government what is the expected (1) process, and (2) timeframe, for any future decisions on continued sponsorship of UK Seabed Resources Limited’s two International Seabed Authority exploration contracts.
Answer
Answered by Baroness Jones of Whitchurch, 8 Oct 2024
UK Seabed Resources Limited has two International Seabed Authority exploration contracts, UKSR1 and UKSR2. These have an initial period of 15 years with the contract period of UKSR1 ending in 2026 and UKSR2 ending in 2027. The UK Deep Sea Mining (Explorat...