Offshore wind companies accused of hostile bid for miner's Taranaki seabed rights

Offshore power generation prospects are incompatible with a plan for seabed mining, a group of prospective generation companies says. (Image: Getty)

Greg Hurrell

Thu, 16 May 2024

The offshore wind industry has joined critics of plans to mine iron ore deposits in the Taranaki seabed and argues that mining would jeopardise investment in electricity generation.A group of companies sent a briefing paper to the government and other parties on May 14 arguing that plans to mine vanadium titanomagnetite sands by Trans-Tasman Resources (TTR) was incompatible with their offshore generation plans.But TTR has accused them of making a hostile bid for its property rights.The briefing paper was sent by BlueFloat Energy, Elemental Grou...

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