Will the Int'l SeaBed Authority permit The Metals Co. to mine the Clarion Clipperton Zone in 2024?
25
102
Ṁ1.3k
2025
60%
chance

This market is part of the Humans v Bots Battle 2024, where AI forecasters will duke it out on the most important world questions of 2024. Can you beat the bots and snag part of the 250,000 Mana (~$2.5k) prize?

A patch of the Pacific ocean seabed called the Clarion Clipperton Zone (ccz) holds nodules containing quantities of [manganese, copper, cobalt and nickel] that are roughly equivalent to all terrestrial reserves.

Collecting this metal means going through the International Seabed Authority (ISA), a UN body set up in 1994. But it has been mulling mining rules for three decades. In 2024 one of two things is likely to happen: either the ISA will publish its rules, most likely at a meeting in July, or companies will decide to go ahead without it.

https://www.economist.com/the-world-ahead/2023/11/13/deep-sea-miners-are-ready-to-get-down-to-work

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