Deep Sea Mining Act

The Deep Sea Mining Act is legislation that regulates the exploration and extraction of mineral resources from the seabed beyond national territories. It establishes rules to ensure responsible mining practices, environmental protection, and fair sharing of benefits. The Act typically sets licensing requirements, outlines environmental assessments, and mandates collaboration with international organizations to prevent ecological damage. Its goal is to balance economic exploration of deep-sea minerals with the preservation of marine ecosystems, facilitating sustainable development and avoiding conflicts over seabed resources.