The following appeared this Monday on the DSM Observer, the only trade journal committed to covering all aspects of the emerging deep-sea mining industry. Though written for the deep-sea mining community, the subject is broadly relevant to a host of ocean industries, so we reprint it below.
As a community, we discuss mining, management, and monitoring, as well as the regulations that shape them, in terms of governments, major corporations, and research institutions. The deep-sea mining community is small and the complexities of working at abyssal depths engenders collaboration, cooperation, and, in the case of exploitation, compromise. While there are many stakeholders potentially affected by deep-sea mining, only a small proportion of them will ever directly engage with the deep seafloor.
A few extremely wealthy individuals have access to private submersibles and ROVs and have on occasion made them available for research and exploration, but they are the exception. The tools necessary to reach the depths of a hydrothermal vent or polymetallic nodule field are simply too expensive.
That may soon change.