A company which had dreams of becoming the world’s
largest deep sea mining company has declared bankruptcy.
Norwegian company, Loke Marine Minerals, aimed to hold
licences in the Pacific and the Arctic. Now, their deep sea
mining dreams have been shattered. Loke also owns UK Seabed
Resources, which holds the UK’s two deep sea mining
licences in the Pacific.
Last November, Loke Marine
Minerals, pleaded for new investors, but recognised that
they were struggling.[2] The reason: their potential
investors “were not immune” to the strong resistance against
deep sea mining. The news comes as protestors disrupted a
deep sea mining…
