On Thursday, US President Donald Trump signed an executive thing aimed at strengthening the Deepsea mining industry, which represents his recent attempt to enhance access to nickel, copper and other critical metals that are widely used through the economy.
The matter, which Trump signed the private sector, seeks to start US and international water mining as part of a batch to compensate for the comprehensive control of China for the critical mineral industry.
Reuters reported for the first time last month that it was under deliberations.
It is estimated that parts of the Pacific Ocean and other places contain large quantities of rocks in the form of potatoes known as the multi -metal nodules filled with construction tiles for electric cars and electronics.
At the bottom of the ocean, Rover brings the nodules studded with critical minerals on the mining ship.
More than a billion tons of these nodules are estimated to be in American waters and are full of manganese, nickel, copper and other critical minerals, according to the administration official.
The official added that its extraction can enhance the GDP by $ 300 billion over 10 years and create 100,000 jobs.
“The United States has an essential interest for national and economic security in maintaining leadership in science, deep technology and mineral resources the sea floor,” Trump said.
The matter directs the administration to accelerate mining permits under the solid metal resource law at the sea floor of 1980 and to create a process to issue permits along the American outer continental shelf.
Controversy about mining in international waters
He also orders the miracle review of the seafood mining permits “in areas outside the national jurisdiction”, a step that is likely to make friction with the international community.
The International Sea Foundation – established by the United Nations Convention on the Law of the Sea, which the United States has not believed – is studying for years deep mining standards in international waters, although it has not yet weakened due to the differences that have not been resolved at acceptable levels of dust, noise and other factors of this practice.
There are billions of tons of valuable minerals for electric car batteries and energy storage at the ocean floor, and a Canadian registered company leads to get rid of them. But marine scientists and environmental protection advocates say that it is likely to risk an ecosystem at the sea floor, which is known for little. There are ongoing negotiations at the International Sea Football Association this month in Jamaica.
Deepsea mining supporters will reduce the need for large mining operations on the ground, which are often unpopular with host societies. Environmental groups call for prohibiting all activities, warning that industrial processes at the ocean floor can cause irreversible biodiversity loss.
“The United States government has no right to allow one -sided manufacture to destroy the common heritage of humanity and increase the deep sea to win some companies,” said Arieo Hemville of Greenpis, who opposes this practice.
Any country can allow deep mining in its territorial waters, up to approximately 200 nautical miles from the beach, and companies already line up on the waters of the United States.
Prime Minister Justin Trudeau says he believes that US President Donald Trump’s repeated threats to the annex Canada are partly because of his desire to control its critical minerals. Andrew Zhang explains why they are very attractive to the United States, and how China raises the risks.
Mining companies that can benefit
The impossible minerals earlier this month asked the administration to launch a commercial auction to reach nickel, cobalt deposits and other critical minerals off the American Samoa coast.
The shares of Minerals Company-among the most prominent mining companies in Deepsea-on Thursday, increased by approximately 40 percent to reach 52 weeks at $ 3.39 per share after Reuters report earlier in the day in the executive order.
“Through a stable, transparent and enforceable organizational path available under the current American law, we are looking forward to presenting the first trade colonel project in the world, responsibly and economically.” Said Gerard Baron, CEO of the company, who aims to extract nodules from the vicinity of Pacific between Hawaii and Mexico, known as Clarion Bandardton.
Besides the Metal Company, others are looking forward to California -based Deepsea mining, JSC Yuzhmorgeologiya, Blue Minerals Jamaica, and Minmetals, and Marawa Marabach and Kiribati.
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