Entitled ‘ Unleashing America’s Offshore Critical Minerals and Resources ’, the Executive Order directs Commerce Secretary ...

The order aims to accelerate the mining of critical minerals in both US and international waters, part of a broader strategy ...

Trump wants an expedited permitting process in place for deep sea mining in 60 days. Advocates say the ocean should be protected, not extracted.

The US feels otherwise. “Under the Deep Seabed Hard Mineral Resources Act, US companies can apply for exploration licenses and commercial recovery permits for deep-sea mining in ocean areas beyond ...

The island nation of Nauru initially sponsored The Metals Company (TMC) and its deep-sea mining effort. In 2021, that triggered a race to develop regulations before TMC or any other company could ...

The companies include Nauru Ocean Resources Inc., a subsidiary ... amounted to around $2 billion for the exploration of ...