High risk of economic losses from Cook Islands nodule extraction and sales – new study reveals – Greenpeace

High risk of economic losses from Cook Islands nodule extraction and sales – new study reveals – Greenpeace

The economic potential of seabed polymetallic nodules in the Cook Islands has been overstated, according to a new independent study commissioned by Greenpeace International.[1] The analysis shows that, once costs, market factors, and technological challenges are accounted for, deep sea mining for Cook Islands nodules is more likely to have a negative economic return. Read the report here. Juressa Lee, Greenpeace Aotearoa seabed mining campaigner…