Written Question·Department for Business and Trade·UIN 5389

UK Seabed Resources

Tabled: 11 September 2024
Answered: 11 October 2024

Question

Charlotte Nichols

LabourWarrington North

To ask the Secretary of State for Business and Trade, whether his Department made an assessment of the potential costs and benefits to the UK of UK Seabed Resources Limited's two International Seabed Authority exploration licences.

Answer

Sarah Jones
The Department for Business and Trade has considered the potential future impacts to the UK in holding two Deep Sea Mining exploration licences and have found there is an opportunity for the UK to take a lead in this emerging market with potential for gro...

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