Environmental protection was weighted too heavily when consent to mine iron sand off the South Taranaki coast was declined, Trans-Tasman Resources has told the Supreme Court.
Offshore mining company Trans-Tasman Resources is appealing decisions by the High Court and the Court of Appeal, which both rejected its plan to dig up 50 million tonnes of sand.
The mining is opposed by iwi, environmentalists and fisheries groups, who say that it would destroy a marine ecosystem home to the likes of the māui dolphin.
Lawyer for Trans-Tasman Resources Justin Smith told the Supreme Court that the marine environment was not unique or special and the impacts would be "moderate and even negligible".
He said the legislation governing consents for offshore mining, Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act (EEZ) 2012, did not favour environmental protection and "caution" as the Court of Appeal had interpreted it.