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Deep sea mining firm wins contract extension from global body

UNITED NATIONS – The international regulatory body overseeing controversial ocean floor mining granted an extension on Monday of the deep-sea exploration contract of Canadian firm The Metals Company (TMC). The five-year extension was granted by unanimous consent, despite ongoing tensions between the International Seabed Authority (ISA) and TMC. Their dispute stems from TMC’s move last... The post Deep sea mining firm wins contract extension from global body appeared first on New Era .

New Era22 Jul 2026, 10:00 am
Deep sea mining firm wins contract extension from global body

UNITED NATIONS – The international regulatory body overseeing controversial ocean floor mining granted an extension on Monday of the deep-sea exploration contract of Canadian firm The Metals Company (TMC).

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The five-year extension was granted by unanimous consent, despite ongoing tensions between the International Seabed Authority (ISA) and TMC.

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Originally published by New Era on 22 Jul 2026, 10:00 am. View original article
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