Joshua Palar, CEO of Rare Earth, is discussing the need for critical minerals, and the effect of mining from the Trump administration and for the first time on the stock exchange.
president Donald Trump The executive order to help enhance, facilitate exploring, extracting and treating minerals from the sea floor.
The arrangement describes resources as a key American interests.
“The United States is facing unprecedented challenges for economic and national security in securing reliable supplies of critical minerals independent of the control of the foreign opponent. The charming areas abroad retain minerals and critical resources. System cases.
President Donald Trump speaks to reporters during a meeting with the Prime Minister’s store, Norway Jonas, who spens the White House in Washington, DC, on Thursday. (Chip Somodevilla/Getty Images)
“Through the practice of current authorities and the creation of international partnerships, our nation can reach vast resources in the nodules of the sea floor, geological structures under the sea, coastal deposits that contain strategic minerals such as nickel, cobalt, copper, Meghans, Titianum, and rare ground elements, which are vital for national security,”.
It calls for speedy operations Review and grant permits And contracts.
It calls for engaging “with the main and allied partners to provide support for exploration of mineral resources at the sea floor, extraction, treatment, and environmental monitoring in the regions within the national judicial states of these partners and allies, including through the request for scientific cooperation and opportunities for commercial development of United States companies, and by developing a list of priority countries.”
It also calls for a plan to draw a map of the main parts of the sea floor.
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The Minister of Commerce, in consultation with the Minister of Foreign Affairs, the Secretary of the Interior, and the heads of other relevant agencies, and cooperating with commercial organizations and other governmental organizations, must plan the map for priority areas at the sea floor, “announced.
in After xRepresentative Ryan Zenk, R. Mont, applauded the matter as a “great step” on the part of the president.
“Dependence on China on critical minerals is not just a problem for our economy, but the threat of national security,” has noticed the tweet.
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