Commercial Mining in the Clarion-Clipperton Zone Faces Regulatory Delays
The Clarion-Clipperton Zone's nodules may surpass terrestrial reserves in cobalt and nickel, but mining remains stalled by regulatory gaps. This situation impacts the supply chain for critical metals as global demand increases, especially for electric vehicles.
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The Clarion-Clipperton Zone (CCZ) is estimated to contain 21.1 billion dry tonnes of polymetallic nodules rich in cobalt, nickel, manganese, and copper. The Metals Company is pursuing mining in this area, with a target to commission its first commercial system by late 2027, contingent on regulatory approvals.
However, the International Seabed Authority has yet to finalize a Mining Code, crucial for commercial activities. As demand for battery metals rises, critics highlight potential environmental risks and the need for responsible sourcing. The opposition includes over 43 countries advocating for a moratorium on deep-sea mining, raising concerns about the ecological impacts and regulatory oversight.
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