Trump moves to boost domestic deep-sea mineral extraction

Trump moves to boost domestic deep-sea mineral extraction

President Donald Trump signed an executive order to help foster and facilitate the exploration, extraction and processing of minerals from the seabed.The order describes the resources as key to U.S. interests."The United States faces unprecedented economic and national security challenges in securing reliable supplies of critical minerals independent of foreign adversary control. Vast offshore seabed areas hold critical minerals and energy resou…

Canada's TMC could gain as Trump signs order to ramp up deep-sea mining for critical minerals

Donald Trump has signed an executive order to open new opportunities for extracting critical materials from the ocean floor. Read on

Trump signs executive order for deep-sea mining to compete with China

US President Donald Trump signed an executive order on Thursday (24 April) for more deep-sea mining in US and international waters. This is a move by the US to compete with China, which is investing heavily in extracting important minerals and earth elements from the seabed. The presidential order includes an expedited permitting process for deep-sea mining on the US seabed. It also orders a review of permits "in areas beyond national jurisdicti…

Financial News Network - Trump moves to boost domestic deep-sea mineral extraction

President Donald Trump signed an executive order to help foster exploration, extraction, and processing of minerals from the seabed.Read More …

Trump Signs Executive Order Boosting Deep-Sea Mining Industry

President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.

18:07 With a presidential decree, Donald Trump wants to give deep-sea mining in the US and abroad a lightning start. The American president is shaking up a sector that has been waiting internationally for years ...