SUPPLIED/Stuff Trans-Tasman Resources Limited proposes to mine sand from the seabed in an area in the South Taranaki Bight. OPINION: Opposition to seabed mining lacks scientific credibility and would deny New Zealand access to a major new sustainable export industry, worth at least $1 billion. This metal recovery operation will help meet the soaring demand for strategic minerals and metals (iron, vanadium and titanium) which are required as the world transitions to a low-carbon energy economy. New Zealand has special legislation to develop resources, including minerals, in our Exclusive Economic Zone (EEZ) from 12 to 200 nautical miles offshore under the EEZ Act 2012. The act incorporates comprehensive environmental safeguards and international guidelines that seek to balance economic development with environmental protection.