Authored by Dr. Helen Rosenbaum and Francis Grey. Endorsed by Economists at Large, Deep Sea mining Campaign, Earthworks, MiningWatch Canada nd Oasis Earth Read Now
This report critiques Nautilus Minerals’ Environmental and Social Benchmarking Analysis (ESBA) revealing its indefensible flaws. It finds that the ESBA uses metrics that bear no relevance to deep sea and marine environments and fails the well accepted requirements of a cost-benefit analysis. Thus the ESBA fails to provide a framework to assist decisions about the advisability of Solwara 1 or of any other deep sea mining project.