Why has a Canadian company partnered with the tiny island of Nauru to fast-track deep-sea mining?

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Why has a Canadian company partnered with the tiny island of Nauru to fast-track deep-sea mining?
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A leaked video of ocean pollution during a trial by The Metals Company (TMC) has renewed calls for a ban on deep-sea mining.

Brown-black discharge gushed out of a pipe from a hulking ship, dispersing murky clouds of sediment into the international waters of the Pacific Ocean.that’s garnered international attention, turned a spotlight to a controversial Canadian company that is poised to become the first in the world to extract critical metals from the ocean floor — with the help of a tiny island in Micronesia.

“It wasn’t toxic waste,” he told the Star. “It was water and nodules and sediment … We shut it off right away.” Hundreds of international experts have questioned the company’s claims, saying the deep-sea environment is the least understood ecosystem in the world and that scientists simply don’t have enough data to understand the effects of using heavy machinery to hoover up nodules that took millions of years to form.

The longtime Australian investor, who works out of TMC headquarters in Vancouver, said he was drawn to deep-sea exploration for environmental protection reasons. The concern is that we might lose unique marine species, ones which may have applications in medicine and technology before they are found.”

Since deep-sea mining in international waters is not allowed because no regulations exist to govern the industry, Nauru issued a two-year deadline to the ISA in June 2020 to complete rules on deep-sea mineral exploitation. They invoked the so-calledIn response to Nauru and TMC’s gambit, more than 700 marine science and policy experts

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