Most significant seabed mineral deposits lie within EEZ
A study by Christopher Garrison indicates that the overwhelming majority of seabed mining activities have taken place within the 200 nm limit, which is subject to coastal state rather than ISA jurisdiction and regulation.9 Even the ISA has acknowledged that “no sustained operations have taken place for the commercial recovery of solid minerals in water depths greater than 200 metres.”10 ISA fact sheets also indicate that the best potential for cobalt-rich crust mining is located in the EEZs of the United States (Johnston Island and Hawaii), the Marshall Islands and the Federated States of Micronesia.11 Similarly, the largest known deposit of polymetallic sulphides is located in the Red Sea within the EEZ of the coastal states and the first commercial mining of polymetallic sulphides is scheduled to occur within the EEZs of Papua New Guinea, Fiji and Tonga in 2010.12 None of these potential mining areas are subject to regulation or control by the ISA.
Journal of Maritime Law and Commerce. Vol. 41, No. 2 (April 2010): 151-166. [ More (9 quotes) ]
"Is it Time for the United States to Join the Law of the Sea Convention." Quicktabs: Evidence
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According to U.S. foreign relations law, the United States may engage in deep seabed mining activities even if it does not accede to UNCLOS, provided that such activities are conducted without claiming sovereignty over any part of the deep seabed and as long as the mining activities are conducted with due regard to the rights of other nations to engage in mining.This position is also reflected in the Deep Seabed Hard Mineral Resources Act of 1980.
Keywords:Related Quotes:- US companies could still mine deep seabed outside UNCLOS by going through foreign subsidiaries
- US ocean policy already allows development of deep seabed mingling resources within US EEZ
- Under 1980 DSMHRA Act, US citizens and corporations are fee to mine deep seabed regardless of whether US is party to UNCLOS
- An informal, non-UNCLOS, multilateral organization would be sufficient to protect U.S. interests in mining deep seabed
- ... and 4 more quote(s)
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