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The Elements of Deep Sea Mining

Eric Young
The Elements of Deep Sea Mining
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  • News Roundup No.2
    Full write-up and links to articles discussed can be found at Elyse's Notes From the Deep Substack: notesfromthedeep.substack.com Chapters 00:00 Introduction to Deep Sea Mining News Roundup 01:21 Emerging Narratives in Deep Sea Mining 03:56 Shifts in Global Power Dynamics 07:14 The Role of the International Seabed Authority 11:10 The Metals Company and U.S. Regulations 14:35 TMC's Agreements and Strategic Moves 29:16 Deep Sea Mining Processing Challenges 32:45 US Deep Sea Mining Applications 36:29 Public Engagement and Regulatory Updates 38:56 International Cooperation in Deep Sea Mining 43:39 Emerging Technologies and Environmental Concerns 45:52 Japan's Government-Funded Mining Initiatives 49:27 Recent Scientific Discoveries in Deep Sea Ecosystems 54:16 The Intersection of Politics and Deep Sea Mining Theme Music Tamarack by Jesse Matas This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tradingoff.substack.com
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  • Aiste Klimasauskaite on How Science Informs Policy
    Aiste is a researcher at the University of Bergen whose work sits at the intersection of science, policy, and public discourse on deep sea mining. The conversation explores how scientific knowledge shapes (and sometimes complicates) policy decisions, why more research doesn’t always lead to clarity, and how the Norwegian decision-making process around deep sea mining has unfolded—often in ways that surprise the scientists involved. Aiste also reflects on what it means to be a “neutral” scientist, the challenges of multidisciplinary collaboration, and the importance of being transparent about your role in shaping public decisions.If you’re trying to understand how complex environmental decisions actually get made, this episode offers a nuanced, thought-provoking window into the process.Follow AisteLinkedIn: https://www.linkedin.com/in/aisteklimasauskaite/ResearchGate: https://www.researchgate.net/profile/Aiste-Klimasauskaite-2Chapters00:00 Introduction to Deep Sea Mining and Research03:30 The Role of Scientists in Public Discourse14:57 The Impact of Knowledge on Policy and Decision-Making21:36 Impact Assessments and Scientific Knowledge40:40 Quality vs. Neutrality in Scientific Research46:12 Trust in Science and Professional Networks51:59 Siloing in Science and Interdisciplinary Collaboration55:07 Decision-Making in Complex Value Situations01:03:39 The Precautionary Principle in Environmental Decision-Making01:07:18 Conservatism in Environmental Preservation01:16:42 The Role of Scientific Community in Policy01:21:00 Challenges in Global Governance of Ocean Resources01:28:12 The Importance of Purpose in Environmental DiscussionsTheme music: Tamarack by Jesse MatasMentioned Resources & Further Reading:* Think Again: How to Reason and Argue by Walter Sinnott-Armstrong* Sandra Harding's work on scientific neutrality This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tradingoff.substack.com
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  • Pradeep Singh on The Law of the Sea, the ISA, and the Politics of Deep-Sea Mining
    Pradeep Arjan Singh — International ocean governance expert, Senior Project Manager at the Oceano Azul Foundation, and advisor to the IUCN. Pradeep works at the intersection of environmental law, global equity, and multilateral ocean negotiations.* LinkedIn: Pradeep Arjan Singh - https://www.linkedin.com/in/pradeeparjansingh/* Oceano Azul Foundation -https://oceanoazulfoundation.org🧭 Episode OverviewIn this foundational episode, Pradeep Singh takes us inside the legal architecture of the deep sea. We cover:* How the ISA came to be and what it’s actually supposed to do* Why the two-year rule was created and what it’s triggering has accomplished* The U.S. vs the ISA process* The difficultires of benefit-sharing and compensation mechanisms* What to expect at this year’s council meetings* What kind of research and financial modeling is still missingWhether you’re policy-curious or professionally involved in seabed governance, this is a must-listen.⏱️ Chapter Highlights00:00 – From Malaysia to multilateral negotiations: Pradeep’s legal background04:00 – The role of Oceano Azul, UNFCCC, CBD, and BBNJ11:00 – UNCLOS, the ISA, and why deep-sea mining triggered global treaty-making27:00 – What’s missing from the regulations: enforcement, liability, and monitoring33:00 – Benefit-sharing and the $95k problem45:00 – The two-year rule: origin, misuse, and consequences55:00 – U.S. unilateral mining: legal and environmental risks1:02:00 – Debunking geopolitics and the myth of metal scarcity1:10:00 – What we still don’t know: scaling, cumulative impacts, and economic modelingTheme music: Tamarack by Jesse Matas🔗 References & Resources* John Mero (1965) on seabed mineral wealth -https://www.sciencedirect.com/bookseries/elsevier-oceanography-series/vol/1* Pradeep’s publication on the history and legal basis for moratorium: https://www.tandfonline.com/doi/full/10.1080/00908320.2024.2439877* Nagoya Protocol (CBD) – model for benefit-sharing https://www.cbd.int/abs/default.shtml* Earth Negotiations Bulletin – daily negotiation coverage https://enb.iisd.org/international-seabed-authority-isa-council-30-2* Deep Ocean Stewardship Initiative (DOSI) – minerals https://www.dosi-project.org/minerals/* ISA Web TV – live council and assembly sessions https://www.isa.org.jm/the-authority-web-tv/* IUCN Briefings – DSM: https://iucn.org/resources/issues-brief/deep-sea-miningProgress Amidst Challenges: IUCN Reflections on the ISA Council's 30th Session (Part 1) : https://iucn.org/story/202504/progress-amidst-challenges-iucn-reflections-isa-councils-30th-session-part-1#:~:text=IUCN%20remains%20committed%20to%20the,a%20transparent%20and%20inclusive%20manner. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tradingoff.substack.com
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  • Part2 - Mats Ingulstand: Abundance, Geopolitics, and the Long Arc of Scarcity
    Mats Ingulstad — historian at NTNU and lead of the TripleDeep project. His research explores the political economy of minerals and the role of the ocean in the industrial and geopolitical imagination of the 20th century.Get in touch with Mats here: https://www.ntnu.edu/employees/mats.ingulstad🧭 Episode OverviewIn this second part of our conversation, we trace the forgotten history of deep sea mining—from the 19th-century Challenger expedition to Cold War anxieties and 21st-century geopolitics. Mats unpacks how policymakers came to see the ocean as both a limitless source of minerals and a pressure valve for post-war scarcity fears. We explore how ideas of abundance, global equity, and national security shaped early efforts to regulate the seafloor—and why those debates still echo today.📌 Episode Highlights00:00 — The Challenger expedition and the first discovery of manganese nodules02:35 — Fritz Haber and the dream of gold from seawater03:50 — WWII, Korean War, and fears of mineral depletion05:05 — The 1960s growth model and minerals as a peace dividend06:40 — “Common heritage of mankind”: abundance, not scarcity08:15 — Scientific misconceptions about deep sea ecosystems09:55 — Deep sea mining as a central issue in UNCLOS negotiations11:00 — 1980s market optimism and the “dematerialization” thesis12:15 — China, rare earths, and the return of mineral geopolitics13:30 — The EU’s “blue growth” vision for ocean mining14:45 — The uneven playing field: cheap nodules vs. land-based producers17:00 — Calls for production caps to protect terrestrial economies19:45 — Deep sea mining as “the poor man’s space mining”21:10 — The Jevons Paradox: will DSM reduce or increase extraction?22:35 — The shift from climate framing to national security framing25:10 — Making decisions across incomparable value categories26:10 — Why we need historians, philosophers, and social scientists in this space28:40 — Where we’re at today: too early to decide, but better informed29:50 — Reading suggestions and the conceptual challenge of writing a history of a non-existent industryTheme music: Tamarack by Jesse Matas📚 Resources Mentioned* Helen Rozwadowski – books on the history and imagination of the oceanhttp://fathomingtheocean.com/books/* Tirza Meyer – https://tirzameyer.com/books/* Oles Sparrenberg – German-language book on deep sea mining in Germanypaper in english: A historical perspective on deep-sea mining for manganese nodules, 1965–2019 https://www.sciencedirect.com/science/article/pii/S2214790X18303137* TripleDeep project (NTNU) – interdisciplinary research on DSM https://www.ntnu.edu/sustainability/tripledeep This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tradingoff.substack.com
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  • Mats Ingulstad on the History of Deep-Sea Mining and Critical Minerals: Lessons from the Past, Risks for the Future
    I sit down with Mats Ingulstad, professor at NTNU, whose research bridges the history of strategic materials, global supply chains, and the political economy of critical minerals. Mats takes us on a journey from his early studies in U.S. foreign economic policy to his pioneering research on deep-sea mining.We explore the origins of strategic and critical minerals policies, tracing them back to the First and Second World Wars, where nations scrambled to secure resources for military and economic stability. Mats discusses the evolution of these policies, highlighting the tensions between military necessity and global trade that still resonate today.We also dive deep into the complexities of Norway’s political landscape around resource governance—how the country managed its oil wealth, set up a model for state-controlled resource rents, and the current debates surrounding deep-sea mining in Norwegian waters. Mats provides historical context to Norway's decisions, comparing them with other resource-dependent nations like Canada, and unpacks why Norway's model succeeded where others struggled.Finally, Mats sheds light on the broader historical narrative of deep-sea mining: from its early conceptualization during the Cold War as a solution to mineral scarcity to its resurgence as part of the green energy transition. He explains how this shift from "abundance" to "scarcity" frames the current political and environmental debate.If you're curious about how history shapes today’s political decisions around critical minerals and the deep-sea mining debate, this is an episode you don’t want to miss.Key Takeaways:* The historical roots of critical minerals policy and their military origins.* How Norway's political structure enabled unique resource governance models.* The complex legacy of deep-sea mining as a strategic and economic opportunity.* Why the political framing of resource abundance vs. scarcity matters today.Timestamps00:00 Introduction to Mats03:47 Historical Context of Strategic and Critical Minerals06:01 The Evolution of Resource Management in Warfare08:17 Personal Journey into Academia and Deep Sea Mining09:43 Norway's Approach to Natural Resource Governance12:30 Trust and Society's Attitude Towards Deep Sea Mining14:33 Political Discussion and Public Perception of Deep Sea Mining17:10 Comparative Analysis: Norway vs. Canada in Resource Management19:23 The Role of Historical Context in Resource Exploitation21:38 Current Challenges in Deep Sea Mining Regulation24:03 Future of Deep Sea Mining and Societal Trust37:04 Navigating Resource Rent Tax Challenges39:40 Norway's Strategic Decisions in Oil Management45:15 The Role of State in Economic Development48:58 Pension Fund and Statoil: A Model for Success53:40 Risks of Deep Sea Mining: A Geopolitical Perspective57:50 Understanding Uncertainty in Resource Projections01:04:34 Balancing Public and Private Interests in ExplorationTheme music: Tamarack by Jesse MatasLinks to Mats’ related research projectsFate of Nations. Natural resources and historical development, 1880-2015.The high seas and the deep oceans. 3ROceans: Representations, resources and regulatory governance.The Deep Dilemmas: Deep Sea Mining for the new Deep Transition? (TripleDeep)This is part 1 of a 2 part episode tune in next week for the remainder of the conversation. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tradingoff.substack.com
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