US EditionDonald Trump plans to stockpile deep sea critical metals to counter China, FT reports
- The U.S. Is planning to stockpile critical metals from the Pacific seabed to counter China's dominance in batteries and rare earth minerals, as reported by the Financial Times.
- Concerns over the impact of deep-sea mining on ocean life have been raised by delegates at an International Seabed Authority meeting, highlighting potential harm to marine ecosystems.
- Experts warn that the U.S. Plan could disrupt global supply chains and face significant challenges in logistics and economics, according to Chinese analysts.
- The U.S. Administration is drafting an executive order to facilitate deep-sea mining and boost domestic production of critical minerals, as cited by the Financial Times.
58 Articles
58 Articles
Berkeley Economist’s Warning on Trump and Lithium: “He Wants to Put His Hands Wherever He Can Find It”
Lithium has become one of the most coveted raw materials in the world because of its fundamental role in the production of electric batteries. In this vortex, Chile has become the world’s second largest producer of lithium and mineral has become an important source of fiscal resources. Without going further, the country nearly tripled its sales of lithium in volume in the last five years. In the context of the trade war, there are some voices th…
America stores minerals at the bottom of the seas, and China objects.
Al Bawaba - The US President signed an executive order authorizing the United States to store natural minerals discovered at the bottom of the Pacific Ocean. This has angered China, which considers the order a violation of international laws...
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