US President Donald Trump's executive order to promote deep-sea mining faces an alliance of at least 100 environmental campaign groups who are dead against the practice. Reuters
US President Donald Trump's executive order to promote deep-sea mining faces an alliance of at least 100 environmental campaign groups who are dead against the practice. Reuters
US President Donald Trump's executive order to promote deep-sea mining faces an alliance of at least 100 environmental campaign groups who are dead against the practice. Reuters
US President Donald Trump's executive order to promote deep-sea mining faces an alliance of at least 100 environmental campaign groups who are dead against the practice. Reuters

The controversial search for metals beneath the world's deepest ocean


Daniel Bardsley
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US President Donald Trump’s executive order aimed at kick-starting commercial deep-sea mining has sparked debate in environmental circles on what is the most appropriate next step.

He is keen to search for metals used in renewable energy, batteries and computer microchips such as copper, cobalt, manganese and nickel. The mining could take place at depths of thousands of metres.

The area most likely to be affected is the Clarion-Clipperton Zone − a six-million-square kilometre region of international waters in the eastern Pacific that boasts an abundance of mineral resources.

Vancouver-based firm The Metals Company has in recent years signed multiple exploration contracts from parts of the CCZ. The company, regarded as being among the most likely to begin operations, saw its stock jump in value by more than 85 per cent last month.

But if tractor-like machines moved along the seabed, what effects could there be on the unique and diverse fauna that lives in the murky depths thousands of metres below the surface?

A step into the unknown

“We don’t yet fully understand what the impacts are likely to be,” said Prof Jon Copley, professor of ocean exploration and science communication at the University of Southampton in the UK.

“It could be comparable to the lowest-impact mining on land in terms of environmental impact, or less, or it could be that there’s a risk of species extinctions. We don’t yet know. That’s why we need to do further research.”

Some organisations, such as the Deep Sea Conservation Coalition − an alliance of more than 100 international organisations working to promote biodiversity conservation in the world's seas − are against all deep-sea mining and have warned of “inevitable and permanent” damage if it took place.

Matthew Gianni, the coalition’s co-founder and political and policy adviser, said that some of the most precious minerals − called nodules − took “millions of years to form”.

“Once they’re taken out they’re not going to grow back,” he said. “[Mining] would also disturb all the animals, the ecosystem, the community of organisms living around the nodules.”

A robotic nodule collector vehicle undergoes sea trials. Photo: The Metals Company
A robotic nodule collector vehicle undergoes sea trials. Photo: The Metals Company

What could happen?

Previous research on the after-effects of small-scale disturbance from the 1990s demonstrated that impacts are long-lasting, according to Dr Matthias Haeckel, of Germany’s GEOMAR Helmholtz Centre for Ocean Research Kiel.

“The oldest disturbance in the CCZ in the north-east Pacific is now almost 50 years old,” he said. This activity has left “disturbance scars, which are clearly visible at the sea floor”, added Dr Haeckel.

However, since the scale of deep-sea mining associated with Mr Trump's executive order would be significantly larger, Dr Haeckel said “larger-scale consequences can follow”.

When could it happen?

Despite the executive order, commercial deep-sea mining is not set to begin imminently and may not happen at all.

Activities are governed by the International Seabed Authority, which developed from the UN Convention on the Law of the Sea.

The US has not ratified the UN Convention on the Law of the Sea, but until recently had accepted it as what legal experts term customary international law, meaning that it would abide by it.

About a quarter of the CCZ is of potential interest and, Prof Copley said, the ISA has set up nearly two million square kilometres of protected areas in 13 blocks.

If the protected areas are, for example, representative of the wider area in terms of the species present, keeping them pristine could prevent extinctions. But Prof Copley said that significant research was needed to determine if this was the case.

“If commercial mining by The Metals Company goes ahead, I don’t think that would have immediate catastrophic impacts. The risk is from cumulative regional-scale impacts,” Prof Copley said.

This is why, he said, stepping away from the ISA framework would increase the risk of serious harm to seabed habitats, which already face pressures from climate change.

The executive order has been described as “a victory” for The Metals Company, which has been lobbying the Trump administration to allow to go-ahead for deep-sea mining.

“Ultimately, The Metals Company needs a commercial licence to be viable, that’s why it’s going to the US,” said Dr John Childs, who researches the politics of resource extraction at Lancaster University in the UK.

'Really bad idea'

Some reports have suggested that Mr Trump sees deep-sea mining – which has not yet happened on a large commercial scale – as something that could reduce the US’s dependence on China for battery metals and rare earths. Beijing has said that Mr Trump’s executive order violates international law.

Dr David Santillo, a senior scientist at the Greenpeace Research Laboratories at the University of Exeter in the UK, said that deep-sea mining would be “a really bad idea and terrible prospect”.

“If someone is saying the answer is to mine the deep sea bed, we’re asking the wrong question,” he said. “We have to take a step back and look at what we’re using minerals for.

“The minerals in question are things that could have much more closed-loop systems for their management. We’re still incredibly wasteful with minerals once we’ve finished with them. There’s some recycling, but not something we’ve in any way reached peak on,” added Dr Santillo.

More than 30 countries have declared their support for a moratorium or other restrictions that would, at least until further research is undertaken to understand the impacts, prevent operations from starting.

Hotel Data Cloud profile

Date started: June 2016
Founders: Gregor Amon and Kevin Czok
Based: Dubai
Sector: Travel Tech
Size: 10 employees
Funding: $350,000 (Dh1.3 million)
Investors: five angel investors (undisclosed except for Amar Shubar)

Origin
Dan Brown
Doubleday

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%3Cp%3EAverage%20amount%20of%20biofuel%20produced%20at%20DIC%20factory%20every%20month%3A%20%3Cstrong%3EApproximately%20106%2C000%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EAmount%20of%20biofuel%20produced%20from%201%20litre%20of%20used%20cooking%20oil%3A%20%3Cstrong%3E920ml%20(92%25)%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ETime%20required%20for%20one%20full%20cycle%20of%20production%20from%20used%20cooking%20oil%20to%20biofuel%3A%20%3Cstrong%3EOne%20day%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EEnergy%20requirements%20for%20one%20cycle%20of%20production%20from%201%2C000%20litres%20of%20used%20cooking%20oil%3A%3Cbr%3E%3Cstrong%3E%E2%96%AA%20Electricity%20-%201.1904%20units%3Cbr%3E%E2%96%AA%20Water-%2031%20litres%3Cbr%3E%E2%96%AA%20Diesel%20%E2%80%93%2026.275%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A
Tu%20Jhoothi%20Main%20Makkaar%20
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ELuv%20Ranjan%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ERanbir%20Kapoor%2C%20Shraddha%20Kapoor%2C%20Anubhav%20Singh%20Bassi%20and%20Dimple%20Kapadia%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
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Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The bio

Date of Birth: April 25, 1993
Place of Birth: Dubai, UAE
Marital Status: Single
School: Al Sufouh in Jumeirah, Dubai
University: Emirates Airline National Cadet Programme and Hamdan University
Job Title: Pilot, First Officer
Number of hours flying in a Boeing 777: 1,200
Number of flights: Approximately 300
Hobbies: Exercising
Nicest destination: Milan, New Zealand, Seattle for shopping
Least nice destination: Kabul, but someone has to do it. It’s not scary but at least you can tick the box that you’ve been
Favourite place to visit: Dubai, there’s no place like home

Indoor cricket in a nutshell

Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

Racecard

6.35pm: The Madjani Stakes – Group 2 (PA) Dh97,500 (Dirt) 1,900m 

7.10pm: Evidenza – Handicap (TB) Dh87,500 (D) 1,200m 

7.45pm: The Longines Conquest – Maiden (TB) Dh82,500 (D) 2,000m 

8.20: The Longines Elegant – Conditions (TB) Dh82,500 (D) 

8.35pm: The Dubai Creek Mile – Listed (TB) Dh132,500 (D) 1,600m 

9.30pm: Mirdif Stakes – Conditions (TB) Dh120,000 (D) 1,400m 

10.05pm: The Longines Record – Handicap (TB) Dh87,500 (D) 1,900m  

MATCH INFO

Crawley Town 3 (Tsaroulla 50', Nadesan 53', Tunnicliffe 70')

Leeds United 0 

Unresolved crisis

Russia and Ukraine have been locked in a bitter conflict since 2014, when Ukraine’s Kremlin-friendly president was ousted, Moscow annexed Crimea and then backed a separatist insurgency in the east.

Fighting between the Russia-backed rebels and Ukrainian forces has killed more than 14,000 people. In 2015, France and Germany helped broker a peace deal, known as the Minsk agreements, that ended large-scale hostilities but failed to bring a political settlement of the conflict.

The Kremlin has repeatedly accused Kiev of sabotaging the deal, and Ukrainian officials in recent weeks said that implementing it in full would hurt Ukraine.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Updated: May 10, 2025, 6:14 AM