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flag Cook Islands rejects Greenpeace report, extends deep sea mining licenses to 2032 despite economic and environmental concerns.

flag The Cook Islands government has dismissed a Greenpeace-commissioned report concluding deep sea mining in its waters is unlikely to be economically viable, citing high costs and uncertain markets. flag Despite the study’s findings, the government extended exploration licenses for five years, pushing commercial mining decisions to at least 2032. flag Officials argue licensed companies, including one partially owned by the government, have made significant investments and possess technical expertise. flag Environmental groups warn of irreversible harm to marine ecosystems.

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