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Greenpeace calls for investors to boycott wannabe seabed miner as they list on NZ stock exchange
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infonews.co.nz All news
Greenpeace is calling on prospective investors "not to bankroll ocean destruction" by investing in wannabe seabed mining company, Manuka Resources, as they list on the NZ stock exchange today.
Australian-owned Manuka Resources, trading under the name MKR, fully owns subsidiary Trans-Tasman Resources (TTR), who are vying to open a giant seabed mine off the coast of Taranaki.
Greenpeace spokesperson Juressa Lee says: "Greenpeace is calling on New Zealand investors and financial institutions to boycott MKR and its destructive seabed mining project in the South Taranaki Bight.
A new report to the Fast Track Panel describes TTR’s application as containing "outdated information, internal inconsistencies and unproven technology".
This seabed mining destruction will never be allowed to start."