US EditionLockheed Martin in Talks to Develop Seabed Mines
PACIFIC OCEAN, JUL 13 – Lockheed Martin is negotiating partnerships to activate seabed licenses in the Pacific's Clarion-Clipperton Zone amid complex international regulatory talks and growing demand for battery metals.
- Lockheed Martin is re-entering deep-sea mining by negotiating partnerships to develop two exploration licenses in the Pacific's Clarion-Clipperton Zone.
- This initiative builds on President Trump's April executive order that recognized seabed minerals as vital resources and confirmed the U.S. authority to independently grant mining permits.
- The Clarion-Clipperton Zone contains abundant seabed nodules packed with valuable metals such as nickel, cobalt, copper, and manganese, which are crucial for manufacturing electric vehicles, renewable energy systems, and defense equipment.
- Frank St. John, Lockheed's COO, highlighted that mining companies have thoroughly evaluated the potential and recognized the worth of these licenses, underscoring strong industry interest.
- Rising demand for critical minerals in 2024 drives expansion, but mining faces legal, environmental, and Indigenous rights challenges calling for stronger global regulations and balanced climate goals.
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The Fight Against Critical Mineral Mining
To meet the rising demand for energy and the increase in global renewable energy capacity, there is a clear need to expand critical mineral mining activities. Mining for metals and minerals, such as cobalt, copper, and lithium, has increased significantly in recent years and is expected to keep rising in line with the growing global demand. Although this has been widely supported by governments aiming to accelerate a green transition, some envir…
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Total News Sources14
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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