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Deep-sea mining fails the money test, independent report finds

Reported byOceanographic Magazine ↗·Sourced by Goodlede

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What backs it

An independent report by Koinon Consulting analyzing The Metals Company's own projections found that deep-sea mining destroys economic value in more than eight out of ten realistic scenarios, with a median outcome of a $5 billion loss and a 61% chance investors never recover their money, even before environmental costs are considered.

Worth noting

The analysis stress-tests projections against risks; actual outcomes depend on whether projects proceed and face real-world conditions.

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Deep-sea mining fails the money test, independent report finds

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