President Trump has signed an executive order to expedite deep-sea mining for critical minerals essential to U.S. industries.
The order aims to:
- Reduce dependency on foreign sources for minerals like cobalt and nickel.
- Accelerate permitting processes for seabed mineral extraction.
- Enhance national security and economic growth.
However, environmental groups and over 30 countries express concerns over potential ecological damage and the bypassing of international regulations.
Tags #Business, #International, #WhiteHouse
Lucem News Editor’s Opinion: Trumps executive order to accelerate mining the sea floor might help the US strategically in the minerals race. There are big concerns about ecological damage being expressed in the US and from 30 additional countries. He has to strike a careful balance between economic and strategic goals and protecting the environment.
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