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Yassamin Ansari Warns Against Deep Sea Mining Due to Ecological and Economic Risks

Forbes Breaking NewsFebruary 3, 20264 min490 views
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Deep Sea Mining: A Risky Proposition

  • ⚠️ The industry raises more questions than answers, with no commercial operations existing globally despite decades of promises.
  • 💰 Companies like The Meadows have spent significant capital with delayed timelines and a history of bankruptcy, indicating it's neither economically viable nor worth the risk.

Environmental and Community Impacts

  • 🔬 Deep sea ecosystems are extraordinarily fragile, with a monitored test site not recovering after 50 years, highlighting our limited understanding of these environments.
  • 🏝️ Communities like American Samoa, Guam, and the Commonwealth of Northern Mariana Islands have unanimously opposed mining off their coasts, yet their concerns are being ignored.
  • 🌎 The international community, including 40 countries, urges caution, but the current administration is considering permits for mining in international waters.

Alternative Solutions for Critical Minerals

  • ♻️ Instead of deep sea extraction, focus should be on recycling and developing a circular economy to recover minerals from existing products.
  • ⛏️ Minerals can also be extracted from tailings of existing mines, which are mining waste already brought to the surface.
  • 🤝 Collaborate with allies to build diverse and resilient supply chains.
  • 🏞️ Pursue responsible on-land mining with proper environmental reviews, tribal consultation, and community consent, ensuring royalties benefit taxpayers.

National Security and International Relations

  • ⚖️ Issuing deep sea mining permits could isolate the US from allies, undermine international legal frameworks, and compromise freedom of navigation.
  • 💡 Pursuing a risky, unprofitable industry is not a sound national security strategy, especially when proven alternatives exist.
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What’s Discussed

Deep Sea MiningCritical MineralsEcological DamageEconomic ViabilityEnvironmental RisksCommunity ConcernsAmerican SamoaGuamCircular EconomyRecyclingOn-land MiningNational SecurityInternational LawSupply Chains
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