Norway Targets Deep Sea Minerals

Norway is advancing plans for commercial deep-sea mining in its waters, aiming to secure essential minerals for renewable industries and reduce reliance on foreign supply chains. This move, supported by its government and major political parties, is seen as vital for diversifying Norway's economy, currently reliant on the petroleum industry. However, it faces significant environmental, geopolitical, and technological challenges, as well as opposition from environmental groups, the fishing industry, and some international corporations.