House of Commons · Written Ministerial Statement
Ministerial correction
16 December 2025 · Department for Business and Trade
Proposed by Chris McDonald Lab Stockton North
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- Ministerial correction regarding UK Seabed Resources Limited's exploration contracts
- End date for UK1 contract is corrected to 2028
- End date for UK2 contract is corrected to 2031
Issue summary
The minister is correcting a previous statement regarding the contract periods for UK Seabed Resources Limited's exploration contracts.
Action requested
The minister is updating the record to correct the end dates of the contracts, stating that UK1 ends in 2028 and UK2 ends in 2031.
Key facts
- The Government published an incorrect paragraph in response to Written Question HL985 on 8 October 2024.
- UK Seabed Resources Limited has two International Seabed Authority exploration contracts, UK1 and UK2.
- Contract period of UK1 ends in 2028.
- Contract period of UK2 ends in 2031.
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Summary accuracy