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Benzinga
Benzinga
Business
Stjepan Kalinic

Political Pressure Halts Ambitions In The Rich Sea Mining Jurisdiction

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Norway has put its deep-sea mining ambitions on hold, after political pressure forced the government into a rare policy reversal. Under a budget deal struck with opposition parties, the governing Labour Party agreed that no deep-sea mining licenses will be issued in Norwegian waters until at least 2029.

‘A Historic Victory'

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