Arctic goldrush is exposed as UN deadline for sharing spoils ends
The scramble for mineral riches under the oceans was exposed yesterday when a UN deadline passed for countries to claim the seabed up to 350 miles from their coasts. Forty-eight nations, including Britain, submitted claims to the Commission on the Limits of the Continental Shelf, and dozens more made preliminary filings. Countries that missed the deadline risk losing any future claim. The deadline sets in process what the UN calls the last major redrawing of the world map. "It's going to change...
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