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 jurisdiction".

Deep-sea mining involves the extraction of manganese nodules from the ocean floor. These are rocks that contain precious metals such as nickel, cobalt and copper. These metals are used in the production of batteries for electric cars and are therefore of great value to a country's position in world trade.

Source: commonspace.eu with agencies
Photo: An aerial drone photo taken on 22 June 2024 shows the heavy-duty deep-sea mining vehicle 'Pioneer II' during a sea trial. China's State Council

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
Chinese using Linkedin to recruit agents in UK

Chinese using Linkedin to recruit agents in UK

An alert issued to MPs, peers and parliamentary staff by security services identified two LinkedIn profiles, which it says are used on behalf of the Chinese Ministry of State Security (MSS). It says they act as "civilian recruitment head-hunters", targeting individuals working in British politics to solicit "insider insights". UK Security minister Dan Jarvis has said the government will not tolerate "covert and calculated" attempts to interfere with the UK's sovereign affairs, after MI5 warned MPs of the risk from Chinese spies. Jarvis announced a package of measures in the House of Commons to tackle espionage threats to the UK.

Popular

Editor's choice
News
Chinese using Linkedin to recruit agents in UK

Chinese using Linkedin to recruit agents in UK

An alert issued to MPs, peers and parliamentary staff by security services identified two LinkedIn profiles, which it says are used on behalf of the Chinese Ministry of State Security (MSS). It says they act as "civilian recruitment head-hunters", targeting individuals working in British politics to solicit "insider insights". UK Security minister Dan Jarvis has said the government will not tolerate "covert and calculated" attempts to interfere with the UK's sovereign affairs, after MI5 warned MPs of the risk from Chinese spies. Jarvis announced a package of measures in the House of Commons to tackle espionage threats to the UK.