Trump Plans Executive Order to Fast-Track Deep-Sea Mining
Trump Plans Executive Order to Fast-Track Deep-Sea Mining

Trump Plans Executive Order to Fast-Track Deep-Sea Mining

News summary

The Trump administration is reportedly considering an executive order to expedite deep-sea mining in international waters, allowing companies to bypass the United Nations-backed review process. This move aims to secure international sources of critical minerals like nickel and copper, which are essential for various economic sectors. The International Seabed Authority, which has yet to finalize regulations for deep-sea mining, has faced criticism for its slow progress, prompting companies to seek permits directly from the National Oceanic and Atmospheric Administration. Environmental groups are raising concerns about the potential risks to marine life, arguing that the practice should be restricted. The proposed order could provide a formal permitting avenue for mining companies while addressing oversight perceptions. Discussions are ongoing, and the White House has not commented on the matter yet.

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Last Updated
33 days ago
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