Law & Regulation

Supreme court says no to seabed miner

Ian Llewellyn
Thu, 30 Sep 2021

Supreme court says no to seabed miner
The Supreme court has agreed to quash a seabed mining consent. (Image: Getty)
Ian Llewellyn
Thu, 30 Sep 2021
Trans-Tasman Resources (TTR) plans to set up a seabed mining operation in New Zealand have been dealt another blow, this time by the supreme court.TTR wanted to overturn a court of appeal decision that quashed a consent to mine iron sands in the South Taranaki Bight within the exclusive economic zone (EEZ).TTR has said the titanomagnetite sand resource, a mineral containing titanium and iron oxides, could provide a $1 billion export industry for the region with minimal impact on the environment.An Environment Protection Authority decision-makin...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets Market close
NZ shares slide on recession risk
Dan Brunskill | Tue, 17 May 2022

Central banks are expected to rapidly tighten policy, the risk of an energy crisis in Europe remains, and economic activity in China has been slowing.

Markets
BitPrime calls on crypto community for cash
Dan Brunskill | Tue, 17 May 2022

The crypto retailers plan to create a decentralised autonomous organisation to give supporters a say in how the business is run. 

Technology
Tracksuit a good fit for brand tracking
Ben Moore | Tue, 17 May 2022

Startup Tracksuit is simplifying brand tracking as digital marketing faces the death of online tracking.

Sponsored
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.

Partner content
More fuel storage needed now

Boosting fuel reserves could prevent social & economic disruption.