US EditionTrump administration speeding deep-sea mining permits in international waters
NOAA's rule allows simultaneous exploration and commercial permits, enabling U.S. firms to access an estimated 619 million tonnes of critical mineral nodules in international waters.
- On Wednesday, the Trump administration finalized a NOAA rule and ordered expedited permits to accelerate deep-sea mineral exploration under the Deep Seabed Hard Minerals Resource Act of 1980 in international waters and the United States Outer Continental Shelf.
- The Metals Company, Canadian miner, began seeking exploration licences last year, advancing industry ambitions for polymetallic nodules containing nickel, copper and cobalt used in electric vehicles and electronics.
- Industry statements and a government release highlighted regulatory modernization and process consolidation, with Gerard Baron, CEO of The Metals Company, calling it a meaningful modernization and officials consolidating licensing into a single review.
- Companies are already lining up to mine U.S. waters, and the change could spark a U.S.-led scramble for seabed resources within territorial waters roughly up to 200 nautical miles.
- The International Seabed Authority has not finalised global standards for deep-sea mining despite years of work, while environmental groups warn of irreversible biodiversity loss.
52 Articles
52 Articles
Deep-sea mining company seeks international permit under new Trump rules
The Metals Co on Thursday became the first deep-sea miner to seek Washington’s approval to mine the international seabed under a streamlined permitting process introduced earlier this week. Deep-sea mining has the potential to provide large amounts of the minerals needed for electric vehicles and the energy transition, but debate over the environmental damage it may cause has dragged on for decades and prevented licenses being issued. The U.S. D…
Deep-sea mining company seeks permit under new Trump rules | Honolulu Star-Advertiser
The Metals Co. today became the first deep-sea miner to seek Washington’s approval to mine the international seabed under a streamlined permitting process introduced earlier this week.
TMC USA Files First Consolidated Deep-Seabed Mining Application, Increasing Expected Commercial ...
Application is the first consolidated exploration license and commercial recovery permit application submitted under NOAA’s new consolidated application and review process—which the Company expects will reduce permitting timelines for companies with completed exploration programs—in line with Executive Order 14285, ‘Unleashing…
Globe Newswire
TMC USA Files First Consolidated Deep-Seabed Mining Application, Increasing Expected Commercial Recovery Permit Area to 65,000 km2
Application is the first consolidated exploration license and commercial recovery permit application submitted under NOAA’s new consolidated application...
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