The U.S. Ocean Regulatory Agency has determined that the Canadian miner's application for a deep sea?mining permit in the pacific ocean has met all requirements to move forward in the review process.
Separately the International Seabed Authority held its latest meeting in Jamaica, to discuss?international standards for deep-sea mines.
The National Oceanic and Atmospheric Administration did not respond immediately to the? The National Oceanic and Atmospheric Administration?did not immediately respond to a request for 'comments.
Below are some important details:
TMC USA filed the first ever consolidated application to obtain an exploration license and a commercial recovery permit covering approximately 65,000 km2 in the Pacific Ocean.
* The new 'process' allows the exploration phase data to be integrated directly into the?commercial recovery?review streamlining regulatory timeline.
TMC USA’s exploration?license application is progressing as expected. The?public comments periods are now complete. Reporting by Pranav Mathur in Bengaluru, Editing by Sahal Muhammad
(source: Reuters)