Common Contracts

1 similar Contract Extension Agreement contracts

AGREEMENT ON THE EXTENSION OF THE CONTRACT FOR EXPLORATION FOR POLYMETALLIC NODULES
Contract Extension Agreement • May 17th, 2023

The figure below provides an overview of the major goals of Contractor’s work programme for the extension period from 2021 to 2026 in the form of a timeline. The milestones are grouped into four categories: (1) database development, (2) development of a metallurgical processing route for manganese nodules, (3) geological exploration and (4) studies on biodiversity and the physico-chemical environment. Blue dots above the timeline mark planned expeditions to the contract area and the red triangles mark the beginning and end of the extension period.