Canadian firm submits first application seeking US approval for deep-sea mining in international waters

Canadian firm The Metals Company (TMC) announced on Tuesday that it has submitted application to the United States for deep-sea mineral mining in international waters. This marks the first such application, supported by President Donald Trump’s push for the industry. The minerals targeted by TMC are crucial for manufacturing electric vehicle batteries and electric cables, […]

Canadian company turns to Trump for permission to mine international waters, bypassing a UN agency

SAN JUAN: A Canadian company announced Tuesday that its US subsidiary submitted applications to the National Oceanic and Atmospheric Administration to mine the seafloor, sparking outrage by bypassing a UN agency that regulates deep international waters. The Metals Company said that it was seeking two exploration licenses and a commercial recovery permit, marking the first […]