The U.S. legal framework, the Deep Seabed Hard Mineral Resources Act (DSHMRA), although enacted nearly 40 years ago, has never been used to authorize mineral extraction. Now all eyes are on the United States while we await the substance of the first authorization of commercial extraction activities. This authorization undoubtedly will result in litigation and present novel legal questions for courts to resolve.
The U.S. legal framework, the Deep Seabed Hard Mineral Resources Act (DSHMRA), although enacted nearly 40 years ago, has never been used to authorize mineral extraction. Now all eyes are on the United States while we await the substance of the first authorization of commercial extraction activities. This authorization undoubtedly will result in litigation and present novel legal questions for courts to resolve.
