FUTURE OF MINING

Loke purchases deep sea mining business from Lockheed Martin

Norway-based underwater technology company Loke Marine Minerals has acquired deep sea mineral business UK Seabed Resources (UKSR) from the UK division of aerospace and defence company Lockheed Martin.

 Deep sea mining has become a hot-button issue in the last year.

Deep sea mining has become a hot-button issue in the last year.

The deal will see Loke take ownership of two deep-sea mineral licences located in the Clarion-Clipperton Zone (CCZ) in the Pacific Ocean. The licences are sponsored by the United Kingdom and issued by...

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