Alphabet Inc’s [NASDAQ: GOOGL] Google has joined Samsung SDI, BMW, and Volvo agreed to a World Wildlife Fund (WWF) call for the suspension of a deep-sea mining. In support of WWF call, all the firms pledged not to extract any minerals from the seabed. The firms have also disclosed that they have decided to exclude these minerals from their supply chain and not to offer any funding for deep sea mining activities.
The minerals such as copper, manganese, nickel, and cobalt are the crucial materials necessary for the making of batteries and these would be extracted by deep-sea mining. The suspension of deep-seabed mining activities would be halted until the full realization of all the risk factors and all options are depleted.
WWF commented in a statement: “With much of the deep-sea ecosystem yet to be investigated and realized, such activity would be carelessly observed.” BMW stated that the raw materials from deep-sea mining are “not a choice” for the firm at the moment because there are inadequate scientific discoveries to be able to evaluate the environmental hazards.
Google and Volvo have not commented yet on the request. Samsun SDI stated that after supporting the initiative of WWF, it would become the first South-Korean firm to do so. The firms that own exploration permits for tracks of the seafloor, including DeepGreen, GSR, and UK Seabed Resources. These firms are expecting to ultimately sell minerals from the seabed to carmakers and battery firms.
Deep Green earlier commented that seabed mining is more environmentally-friendly than mining on land because it generates less waste and the lumps that contain the minerals have greater concentration levels of metals than sediments found on land.