• The School of Business
  • The School of Arts
  • The School of Wellness
  • The School of Fitness
  • The School of Public Affairs
Sunday, September 14, 2025
  • Login
  • Register
No Result
View All Result
  • The School of Business
  • The School of Arts
  • The School of Wellness
  • The School of Fitness
  • The School of Public Affairs
No Result
View All Result
Press Powered by Creators

A Canadian mining company wants Trump’s permission to mine the deep sea

The Owner Press by The Owner Press
May 3, 2025
in Business News
Reading Time: 8 mins read
A A
0
Share on FacebookShare on Twitter


The Metals Firm, which has been attempting for years to take advantage of battery supplies strewn throughout the ocean ground, announced right now that it has utilized for a allow from the Trump administration to begin commercially mining in worldwide waters.

Collectively, the corporate and President Trump are circumventing a multilateral course of to develop guidelines for deep sea mining that has to this point prevented any industrial exploitation from occurring.

Shifting ahead with mining now, earlier than totally understanding the potential environmental influence or having worldwide guidelines in place to mitigate the harm, is already angering different governments and conservation teams.

“An act of whole disregard for worldwide legislation”

“The primary utility to commercially mine the seabed will probably be remembered as an act of whole disregard for worldwide legislation and scientific consensus,” Greenpeace Worldwide senior campaigner Louisa Casson stated in a press release. “Governments all over the world should now step as much as defend worldwide guidelines and cooperation towards rogue deep sea mining.”

Trump signed an executive order final week to attempt to fast-track deep seabed mining, which he framed as a strategy to counter China’s dominance in mineral provide chains. The Trump administration claims it has authority to grant permits to mine by means of the 1980 US Deep Seabed Hard Mineral Resources Act and since the US has not ratified the 1982 United Nations Conference on the Legislation of the Sea. The Conference, ratified by greater than 160 different nations, established the Worldwide Seabed Authority (ISA) that’s within the means of crafting guidelines for deep sea mining.

Chinese language overseas ministry spokesman Guo Jiakun stated the manager order “violates worldwide legislation and harms the general pursuits of the worldwide group,” the BBC reported on Friday.

The island nation of Nauru initially sponsored The Metals Firm (TMC) and its deep-sea mining effort, setting off a scramble to develop worldwide rules in 2021. The ISA missed a 2023 deadline to draft these guidelines after failing to achieve consensus on thorny points like who’s responsible for paying for any harm that may happen. Scientists and environmental advocates have additionally argued that there’s nonetheless too little we all know in regards to the ocean’s abyss to completely perceive the dangers, not to mention mine responsibly there.

The floor of the Moon is healthier mapped than the world’s seafloor, the place scientists are nonetheless making stunning discoveries that increase questions on whether or not mining there may have far-reaching results on marine life and coastal communities. More than 30 countries — together with US neighbors Canada and Mexico — have known as for a ban or moratorium on deep-sea mining till there are worldwide guidelines in place.

TMC, apparently, is bored with ready. It has utilized for a allow from the US Nationwide Oceanic and Atmospheric Administration (NOAA) to reap supplies from a 25,160 sq. kilometer-swath of seafloor roughly 1,300 nautical miles south of San Diego. It additionally utilized for 2 licenses to discover extra areas for mining potential. The allow is for an space that’s a part of the Clarion Clipperton Zone, a area between Hawaii and Mexico that lies exterior of US nationwide jurisdiction and the place mining is meant to be regulated by the ISA, NOAA has beforehand said on its website. The Clarion Clipperton Zone is stuffed with life that scientists have not too long ago found; as much as 90 percent of species collected for examine right here have been fully new to science.

The zone has additionally been a spotlight of proposed deep sea mining efforts as a result of the seafloor is roofed in rock-like polymetallic nodules stuffed with nickel, cobalt, and manganese utilized in rechargeable batteries and deemed “critical minerals” by the US authorities. Trump has made sweeping threats within the identify of securing essential minerals, from annexing Greenland to warning Ukraine of “big, big problems” if it backed out of a critical minerals deal.

Round nodules that look like rocks sit on a white surface.

Nodules containing nickel, cobalt, and manganese obtained as a part of an environmental influence evaluation analysis journey.
Picture: Getty Photographs

Trump is reportedly keen on the nodules. “I’m completely happy to say, a nodule similar to this one was introduced to the president final week and now sits on the resolute desk,” Gerard Barron, chairman and CEO of The Metals Firm, stated throughout a Home Pure Assets Committee oversight hearing held right now.

“We’re providing the USA a shovel-ready path to new and considerable provides of nickel, copper, cobalt, and manganese—essential metals for vitality, infrastructure, and protection,” Barron stated in a press assertion saying the allow utility. “After steady delay on the worldwide stage, the USA now has a transparent alternative to reclaim its management function within the deep sea.”

The Metals Firm says it has invested greater than half a billion {dollars} “getting ready for this second,” and believes it may well recuperate as much as 15.5 million metric tons of nickel, 12.8 million metric tons of copper, 2 million metric tons of cobalt, and 345 million metric tons of manganese from the Clarion Clipperton Zone. TMC additionally contends that mining at sea can be much less dangerous than mining on land and has repudiated a controversial study revealed final 12 months — which the corporate had initially funded — that discovered proof of mysterious “dark oxygen” rising from the deep sea.

Opponents of deep sea mining, in the meantime, level to options that restrict the necessity to pluck nodules from the seafloor. EV firms, together with Tesla, have labored in the direction of reducing the usage of nickel and cobalt in batteries. And it’s been estimated that by 2050, half of cobalt and nickel demand for EVs within the US may very well be met by means of recycling.



Source link

Tags: CanadiancompanydeepminingpermissionseaTrumps
Share30Tweet19
Previous Post

The great Iberian power cut need not spell disaster for renewables

Next Post

Message From the Russian Military: ‘We Lost Your Son’

Recommended For You

U.S.-Ukraine Mineral Deal May Still Be Alive Despite Trump-Zelensky Clash
Business News

U.S.-Ukraine Mineral Deal May Still Be Alive Despite Trump-Zelensky Clash

by The Owner Press
March 10, 2025
Australia news live: Albanese in Brisbane as Tropical Cyclone Alfred remains on course to slam into Gold Coast | Australia news
Business News

Australia news live: Albanese in Brisbane as Tropical Cyclone Alfred remains on course to slam into Gold Coast | Australia news

by The Owner Press
March 4, 2025
Emerging Cyber Threats to AI-Based Diagnostics and Clinical Decision Support Tools
Business News

Emerging Cyber Threats to AI-Based Diagnostics and Clinical Decision Support Tools

by The Owner Press
June 29, 2025
What can Rio 2024 really achieve in Biden’s final act, before the new show rolls into town? | Politics News
Business News

What can Rio 2024 really achieve in Biden’s final act, before the new show rolls into town? | Politics News

by The Owner Press
November 18, 2024
Which Friday Night Lights Stars Will — And Won’t — Return to Reboot?
Business News

Which Friday Night Lights Stars Will — And Won’t — Return to Reboot?

by The Owner Press
April 16, 2025
Next Post
Message From the Russian Military: ‘We Lost Your Son’

Message From the Russian Military: ‘We Lost Your Son’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LEARN FROM TOP VERIFIED OWNERS

Auto Draft

Auto Draft

User Avatar The Owner Press
Book an Office Hour

Related News

Watchdog to issue new guidance after report finds air fryers may be listening | Science, Climate & Tech News

Are your smart devices spying on you? Watchdog issues new privacy guidance | Science, Climate & Tech News

June 16, 2025
Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction

Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction

June 22, 2025
The Real Reason Denzel Washington Starred In So Many Misfires In The ’90s

The Real Reason Denzel Washington Starred In So Many Misfires In The ’90s

December 23, 2024

The Owner School

September 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Aug    

Recent Posts

Concerns mount over EU plans to scan private pics for child sexual abuse content

Concerns mount over EU plans to scan private pics for child sexual abuse content

September 14, 2025
Bridget Phillipson calls for party unity as she launches deputy leadership bid | Politics News

Bridget Phillipson calls for party unity as she launches deputy leadership bid | Politics News

September 14, 2025
Australia news live: ANZ bank fined $240m for ‘widespread misconduct’ in regulator Asic’s biggest ever penalty | Australia news

Australia news live: ANZ bank fined $240m for ‘widespread misconduct’ in regulator Asic’s biggest ever penalty | Australia news

September 14, 2025

CATEGORIES

  • Business News
  • The School of Arts
  • The School of Business
  • The School of Fitness
  • The School of Public Affairs
  • The School of Wellness

BROWSE BY TAG

Australia big Cancer China climate Day deal Donald Entertainment Football Gaza government Health League live Money News NPR Open people Politics reveals Science scientists Season Set Star Starmer Study talks tariff tariffs Tech Time Top trade Trump Trumps U.S Ukraine War White win World years

RECENT POSTS

  • Concerns mount over EU plans to scan private pics for child sexual abuse content
  • Bridget Phillipson calls for party unity as she launches deputy leadership bid | Politics News
  • Australia news live: ANZ bank fined $240m for ‘widespread misconduct’ in regulator Asic’s biggest ever penalty | Australia news
  • The School of Business
  • The School of Arts
  • The School of Wellness
  • The School of Fitness
  • The School of Public Affairs

© 2024 The Owner Press | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • The School of Business
  • The School of Arts
  • The School of Wellness
  • The School of Fitness
  • The School of Public Affairs
  • Login
  • Sign Up

© 2024 The Owner Press | All Rights Reserved