Deep-Sea Mining Could Cause 25x The Biodiversity Loss Of Land-Based Mining
Rising demand for metals like nickel, cobalt, copper and manganese to make batteries used in smartphones and electric vehicles, along with depleting land-based deposits, has led to increased interest in deep-sea mining. But research suggests that the process of extracting mineral deposits from the ocean floor could destroy habitats and decimate species.
According to a new report from British nonprofit financial think tank Planet Tracker, mining the ocean’s depths could cause as much as 25 times more biodiversity loss than terrestrial mining, reported Reuters. And the financial cost of repairing that damage would be twice as much as extracting it.