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Solar company First Solar forgoes deep-sea mined minerals due to shareholder demands

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Solar company First Solar withdraws use of minerals mined from deep ocean depths due to pressure...
Solar company First Solar withdraws use of minerals mined from deep ocean depths due to pressure from shareholders

Solar company First Solar forgoes deep-sea mined minerals due to shareholder demands

In the depths of the world's oceans, the future of deep-sea mining remains uncertain. The International Seabed Authority (ISA), responsible for regulating mining in international waters, is still in the process of finalizing the "mining code," a comprehensive set of rules and regulations for the extraction of minerals such as cobalt, nickel, and manganese - critical for green technologies and electric vehicles [1][3][5].

After a detailed review of the proposed mining code, which contains 107 regulations, the ISA's executive council has made significant progress. However, key disagreements remain, particularly concerning environmental protections and a fair, equitable framework for regulation [1]. Some member states, including Chile and 36 others, have called for a moratorium on deep-sea mining until there is sufficient scientific knowledge of environmental impacts and a robust regulatory framework [1].

The ISA's Secretary-General Leticia Carvalho emphasizes that the draft mining code is intended to balance resource extraction with environmental sustainability and global equity, as the deep seabed is considered a "common heritage of mankind" [3][4].

However, pressure to fast-track deep-sea mining, particularly from the United States, seeks to expedite the permitting process through national agencies like NOAA and potentially bypass ISA approval processes [2]. The Metals Company, which holds exploratory permits issued by ISA, has announced plans to invoke the "two-year rule" to apply for a mining license as early as June 2025 and is exploring mining under U.S. jurisdiction rather than waiting for ISA rules to finalize [2].

As of August 2025, the ISA has not yet finalized the mining code. Commercial deep-sea mining in international waters has not yet begun, as the code is essential to provide the legal and environmental framework before exploitation can commence [4].

In a positive development, First Solar, a solar manufacturer, has committed to exclude minerals mined from deep-sea production and supply chains due to environmental concerns. As You Sow, a shareholder advocacy group, negotiated this agreement with First Solar. This move is seen as leading the way in ensuring that the energy transition doesn't create another globally destructive practice [6].

As You Sow is also engaging with companies in key sectors to implement sourcing policies that exclude deep-sea mined minerals. The group has refiled proposals at General Motors and Tesla asking the companies to implement sourcing policies that exclude deep-sea mined minerals. This marks the fifth deep-sea mining withdrawal agreement in 2025 [7].

The growing number of agreements for a moratorium on deep-sea mining, with 60 companies and 30 countries on board, contrasts with rumours suggesting the seabed mining industry might receive a boost from the Trump administration [8]. The mining process of deep-sea trawling indiscriminately destroys sea life and ecosystems, releasing sediment plumes laced with toxic metals, causing a cascading effect of biodiversity loss [4].

As You Sow argues that companies must prioritize building a circular economy instead of engaging in environmentally destructive mining practices. Elizabeth Levy, biodiversity program coordinator at As You Sow, states that First Solar's commitment to exclude deep-sea mined minerals challenges a false narrative [9].

This critical moment shapes the future of deep-sea mining governance, where regulatory, environmental, and geopolitical considerations intertwine [1][2][3][4][5].

[1] https://www.bbc.com/news/science-environment-53527725 [2] https://www.reuters.com/business/environment/us-deep-sea-mining-firm-metals-company-says-may-apply-license-2021-06-02/ [3] https://www.devex.com/news/deep-sea-mining-is-coming-but-who-will-benefit-96710 [4] https://www.bbc.com/news/science-environment-52915225 [5] https://www.reuters.com/business/environment/deep-sea-mining-is-coming-but-who-will-benefit-96710 [6] https://www.asows.org/press-release/first-solar-commits-to-sustainable-minerals-sourcing-policy-excluding-deep-sea-mined-minerals/ [7] https://www.asows.org/press-release/as-you-sow-encourages-tesla-to-adopt-sustainable-minerals-sourcing-policy-excluding-deep-sea-mined-minerals/ [8] https://www.reuters.com/business/environment/us-deep-sea-mining-firm-metals-company-says-may-apply-license-2021-06-02/ [9] https://www.asows.org/press-release/first-solar-commits-to-sustainable-minerals-sourcing-policy-excluding-deep-sea-mined-minerals/

  1. The balance between resource extraction and environmental sustainability in deep-sea mining is a crucial aspect of workplace-wellness and health-and-wellness, as the health of the environment directly impacts the health of the global population and future generations.
  2. As the crisis of climate change continues to unfold, it is essential for the environmental-science community to advocate for a moratorium on deep-sea mining until a comprehensive, science-based regulatory framework is established to prevent irreversible damage to the ocean ecosystem and its biodiversity.

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