Metals watch
AU$4,037.70/ozAGEUR 1,592.60 / 1,751.00/kgCU$13,810.00/tAL$3,192.00/tNI$17,165.00/tZN$3,685.50/tPB$1,859.00/tSN$54,250.00/tAU$4,037.70/ozAGEUR 1,592.60 / 1,751.00/kgCU$13,810.00/tAL$3,192.00/tNI$17,165.00/tZN$3,685.50/tPB$1,859.00/tSN$54,250.00/t
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Industry News

UK backs suspension of deep-sea mining in environmental U-turn

Thérèse Coffey says data will be gathered on impact of emerging industry and UK will not support licences in meantime

Britain is backing a moratorium on commercial deep-sea mining, after criticism from scientists, MPs and environmentalists of its previous stance in support of the emerging industry.

On Monday, the UK government announced it would back a temporary suspension on supporting or sponsoring any exploitation licences to mine metals from the sea floor until enough scientific evidence was available to understand the impact on ecosystems.

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