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At Least Two Companies Seek Norway Seabed Mining

At Least Two Companies Seek Norway Seabed Mining
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At least two companies seek Norway seabed mining permits

Two companies said on Wednesday they are seeking offshore seabed acreage on the Norwegian continental shelf where they hope to explore for minerals, in what could be the start of a controversial new mining industry. The process puts Norway on track to become the first country to start commercial production from its continental shelf of metals useful in the transition from from oil and gas, such as copper, cobalt and zinc, as well as rare earth elements (REE).

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