Supreme court says no to seabed miner

Supreme court says no to seabed miner
The Supreme court has agreed to quash a seabed mining consent. (Image: Getty)
Ian Llewellyn
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...

More Law & Regulation

Commerce commission takes Mobil NZ to High Court
Law & Regulation

Commerce commission takes Mobil NZ to High Court

The Commerce Commission has initiated legal action against Mobil New Zealand, alleging that the company's pricing methods violate the Fuel Industry Act 2020.ComCom has filed proceedings in the High Court, claiming two ongoing breaches of the act, it said in a statement. The f...

BD AI 8:02am
Minerals royalties fall 40% as Govt orders review
Primary Sector

Minerals royalties fall 40% as Govt orders review

Govt’s cut from oil and gas slumps in line with production. 

Settlement talks in Vital takeover fee stoush
Law & Regulation

Settlement talks in Vital takeover fee stoush

Empire had refused to pay Vital’s $247,036 takeover costs.

Victoria Young 24 Nov 2025
RBNZ reopens Wellington office after asbestos mayhem
Finance

RBNZ reopens Wellington office after asbestos mayhem

Bank tight-lipped on how many staff are home-working as asbestos-hit office reopens. 

Andy Macdonald 21 Nov 2025