Pacific island of Nauru sets two-year deadline for deep-sea mining rules | Business
The tiny Pacific island nation of Nauru has notified a U.N. body of plans to start deep-sea mining, giving the International Seabed Authority (ISA) two years to complete long-running talks on rules governing the new and controversial industry. Nauru President Lionel Aingimea notified ISA about the mining plans to be carried out by a subsidiary of The Metals Co in a letter dated June 25 and seen by Reuters on Tuesday.