The Trump Administration is considering an executive order to authorize deep-sea mining in the Pacific Ocean, aiming for less reliance on foreign sources for critical minerals like copper and lithium. This plan could bypass the International Seabed Authority's existing regulations. The Metals Company, a Canadian firm, is engaged in discussions with the administration for potential operations without ISA approval. This mining process targets metals found in hydrothermal vents and seabed deposits, though the ISA, formed to regulate international waters, currently hasn't granted mining permissions.
The Metals Company is reportedly collaborating with the Trump Administration to explore deep-sea mining in international waters, overriding the need for International Seabed Authority approval.
Deep-sea mining involves extracting valuable metals like nickel and cobalt from the ocean floor, pushing toward mineral independence through new, possibly unregulated measures.
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