#themetalscompany — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #themetalscompany, aggregated by home.social.
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Companies join a #DeepSeaMining rush after Trump executive order, as regulators fast-track permits
Trump’s order suggests the U.S. will decide for itself when to mine the global seabed, reversing the decision of previous administrations to honor the seabed authority’s rules.
By HELEN WIEFFERING
Updated 3:11 PM UTC, May 22, 2026WASHINGTON (AP) — "In the year since President Donald Trump signed an executive order promising to create a deep-sea mining industry from scratch, businesses have raised millions of dollars from investors, stock prices have soared and federal regulators have raced to fast-track a permitting process.
"At least nine companies are in talks with the government for access to seabed minerals, according to an Associated Press review. Sections of the seafloor from #AmericanSamoa to #Alaska could be auctioned for offshore mining this summer and through the fall.All the action suggests the U.S. may soon give the green light for companies to commercially mine the seabed — something that’s never been done in international waters.
"But a close look at some of the companies involved reveals uncertain track records and histories spattered with legal disputes, while major questions about how the minerals would be processed and refined remain unanswered. Watchers of the nascent industry are skeptical the promised riches will ever materialize."
Read more:
https://apnews.com/article/trump-deepsea-mining-executive-orders-oceans-environment-399faab6fc32922b4c533d3bad9c1ca5Archived version:
https://archive.ph/MGqWh#USPol #DeepSeaLife #OceansAreLife
#WorldPol #NoDeepSeaMining
#RecycleMetals #TrumpSucks #DeepSeaMiningMoratorium
#OxygenSource #Extinction
#PlanetEarth #LockheedMartin
#TheMetalsCompany #DeepSeaMineralsCorp #Allseas
#DeepSeaRareMinerals #BOEM #LifeOnEarth #Ecocide #PlanetDestroyers #HumanGreed #NoisePollution #SedimentPlumes #RecycleNickel #RecycleCobalt -
Companies join a #DeepSeaMining rush after Trump executive order, as regulators fast-track permits
Trump’s order suggests the U.S. will decide for itself when to mine the global seabed, reversing the decision of previous administrations to honor the seabed authority’s rules.
By HELEN WIEFFERING
Updated 3:11 PM UTC, May 22, 2026WASHINGTON (AP) — "In the year since President Donald Trump signed an executive order promising to create a deep-sea mining industry from scratch, businesses have raised millions of dollars from investors, stock prices have soared and federal regulators have raced to fast-track a permitting process.
"At least nine companies are in talks with the government for access to seabed minerals, according to an Associated Press review. Sections of the seafloor from #AmericanSamoa to #Alaska could be auctioned for offshore mining this summer and through the fall.All the action suggests the U.S. may soon give the green light for companies to commercially mine the seabed — something that’s never been done in international waters.
"But a close look at some of the companies involved reveals uncertain track records and histories spattered with legal disputes, while major questions about how the minerals would be processed and refined remain unanswered. Watchers of the nascent industry are skeptical the promised riches will ever materialize."
Read more:
https://apnews.com/article/trump-deepsea-mining-executive-orders-oceans-environment-399faab6fc32922b4c533d3bad9c1ca5Archived version:
https://archive.ph/MGqWh#USPol #DeepSeaLife #OceansAreLife
#WorldPol #NoDeepSeaMining
#RecycleMetals #TrumpSucks #DeepSeaMiningMoratorium
#OxygenSource #Extinction
#PlanetEarth #LockheedMartin
#TheMetalsCompany #DeepSeaMineralsCorp #Allseas
#DeepSeaRareMinerals #BOEM #LifeOnEarth #Ecocide #PlanetDestroyers #HumanGreed #NoisePollution #SedimentPlumes #RecycleNickel #RecycleCobalt -
Companies join a #DeepSeaMining rush after Trump executive order, as regulators fast-track permits
Trump’s order suggests the U.S. will decide for itself when to mine the global seabed, reversing the decision of previous administrations to honor the seabed authority’s rules.
By HELEN WIEFFERING
Updated 3:11 PM UTC, May 22, 2026WASHINGTON (AP) — "In the year since President Donald Trump signed an executive order promising to create a deep-sea mining industry from scratch, businesses have raised millions of dollars from investors, stock prices have soared and federal regulators have raced to fast-track a permitting process.
"At least nine companies are in talks with the government for access to seabed minerals, according to an Associated Press review. Sections of the seafloor from #AmericanSamoa to #Alaska could be auctioned for offshore mining this summer and through the fall.All the action suggests the U.S. may soon give the green light for companies to commercially mine the seabed — something that’s never been done in international waters.
"But a close look at some of the companies involved reveals uncertain track records and histories spattered with legal disputes, while major questions about how the minerals would be processed and refined remain unanswered. Watchers of the nascent industry are skeptical the promised riches will ever materialize."
Read more:
https://apnews.com/article/trump-deepsea-mining-executive-orders-oceans-environment-399faab6fc32922b4c533d3bad9c1ca5Archived version:
https://archive.ph/MGqWh#USPol #DeepSeaLife #OceansAreLife
#WorldPol #NoDeepSeaMining
#RecycleMetals #TrumpSucks #DeepSeaMiningMoratorium
#OxygenSource #Extinction
#PlanetEarth #LockheedMartin
#TheMetalsCompany #DeepSeaMineralsCorp #Allseas
#DeepSeaRareMinerals #BOEM #LifeOnEarth #Ecocide #PlanetDestroyers #HumanGreed #NoisePollution #SedimentPlumes #RecycleNickel #RecycleCobalt -
Companies join a #DeepSeaMining rush after Trump executive order, as regulators fast-track permits
Trump’s order suggests the U.S. will decide for itself when to mine the global seabed, reversing the decision of previous administrations to honor the seabed authority’s rules.
By HELEN WIEFFERING
Updated 3:11 PM UTC, May 22, 2026WASHINGTON (AP) — "In the year since President Donald Trump signed an executive order promising to create a deep-sea mining industry from scratch, businesses have raised millions of dollars from investors, stock prices have soared and federal regulators have raced to fast-track a permitting process.
"At least nine companies are in talks with the government for access to seabed minerals, according to an Associated Press review. Sections of the seafloor from #AmericanSamoa to #Alaska could be auctioned for offshore mining this summer and through the fall.All the action suggests the U.S. may soon give the green light for companies to commercially mine the seabed — something that’s never been done in international waters.
"But a close look at some of the companies involved reveals uncertain track records and histories spattered with legal disputes, while major questions about how the minerals would be processed and refined remain unanswered. Watchers of the nascent industry are skeptical the promised riches will ever materialize."
Read more:
https://apnews.com/article/trump-deepsea-mining-executive-orders-oceans-environment-399faab6fc32922b4c533d3bad9c1ca5Archived version:
https://archive.ph/MGqWh#USPol #DeepSeaLife #OceansAreLife
#WorldPol #NoDeepSeaMining
#RecycleMetals #TrumpSucks #DeepSeaMiningMoratorium
#OxygenSource #Extinction
#PlanetEarth #LockheedMartin
#TheMetalsCompany #DeepSeaMineralsCorp #Allseas
#DeepSeaRareMinerals #BOEM #LifeOnEarth #Ecocide #PlanetDestroyers #HumanGreed #NoisePollution #SedimentPlumes #RecycleNickel #RecycleCobalt -
Companies join a #DeepSeaMining rush after Trump executive order, as regulators fast-track permits
Trump’s order suggests the U.S. will decide for itself when to mine the global seabed, reversing the decision of previous administrations to honor the seabed authority’s rules.
By HELEN WIEFFERING
Updated 3:11 PM UTC, May 22, 2026WASHINGTON (AP) — "In the year since President Donald Trump signed an executive order promising to create a deep-sea mining industry from scratch, businesses have raised millions of dollars from investors, stock prices have soared and federal regulators have raced to fast-track a permitting process.
"At least nine companies are in talks with the government for access to seabed minerals, according to an Associated Press review. Sections of the seafloor from #AmericanSamoa to #Alaska could be auctioned for offshore mining this summer and through the fall.All the action suggests the U.S. may soon give the green light for companies to commercially mine the seabed — something that’s never been done in international waters.
"But a close look at some of the companies involved reveals uncertain track records and histories spattered with legal disputes, while major questions about how the minerals would be processed and refined remain unanswered. Watchers of the nascent industry are skeptical the promised riches will ever materialize."
Read more:
https://apnews.com/article/trump-deepsea-mining-executive-orders-oceans-environment-399faab6fc32922b4c533d3bad9c1ca5Archived version:
https://archive.ph/MGqWh#USPol #DeepSeaLife #OceansAreLife
#WorldPol #NoDeepSeaMining
#RecycleMetals #TrumpSucks #DeepSeaMiningMoratorium
#OxygenSource #Extinction
#PlanetEarth #LockheedMartin
#TheMetalsCompany #DeepSeaMineralsCorp #Allseas
#DeepSeaRareMinerals #BOEM #LifeOnEarth #Ecocide #PlanetDestroyers #HumanGreed #NoisePollution #SedimentPlumes #RecycleNickel #RecycleCobalt -
Can Nations Agree How to Mine the #Sea? This Is the Year, She Says.
#LeticiaCarvalho heads a global authority that’s been struggling to set rules for a decade. President Trump’s aggressive push on #ocean #mining makes her task more urgent.
A completed mining code wouldn’t necessarily give greenlight for commercial mining. But #TheMetalsCompany, which is leading race to seafloor, has told investors it will be ready to start mining by the end of 2027
https://www.nytimes.com/2026/02/28/climate/seabed-mining-rulebook-isa-metals-company.html
https://archive.ph/xGS2l -
#Seabed #Mining Firm Faces Legal Questions Over Controversial Trump Policy
After Trump pledged to open international waters to mining, #TheMetalsCompany sought #US permits. But other countries are raising legal concerns.
Some of the company’s international partners are now questioning their relationships with The Metals Company. Trump’s order conflicts with a longstanding treaty known as the Law of the Sea, potentially exposing them to legal risks.
https://www.nytimes.com/2025/07/21/climate/metals-company-seabed-mining-trump.html
https://archive.ph/yNikt -
Korea Zinc has invested $85 million in US-based The Metals Company, a zero-revenue deep-sea mining firm, betting on a de-China supply chain amid rising credit risks and a push for independent US mineral sourcing.
#YonhapInfomax #KoreaZinc #TheMetalsCompany #DeepSeaMining #CreditRating #NickelSupplyChain #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68076 -
Korea Zinc Co., Ltd. has acquired a 5% stake in US seabed resource developer The Metals Company for $85 million, aiming to secure key battery metals and strengthen its US supply chain presence.
#YonhapInfomax #KoreaZinc #TheMetalsCompany #NickelSmelter #SupplyChain #TMCSharePrice #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67776 -
CW: The International Seabed Authority got a new leader!
The #DeepSeaMining story goes into the next round:
"The ISA’s incumbent secretary-general, Michael Lodge, a British lawyer who was first elected in 2016, is generally seen as having made it his mission to get extraction started as soon as possible. During Lodge’s scandal-marred tenure, he made public statements affirming the inevitability of commercial mining and even appeared in a promotional video for The Metals Company. In this month’s election held in Kingston, he lost his bid for a third term to Leticia Carvalho, a Brazilian oceanographer, by 79 votes to 34. Her four-year term as secretary-general will begin in 2025."
#MixedNews
ISA will probably continue to promote deep sea mining, although hopefully less aggressive:"Carvalho, the new secretary-general, does not support a moratorium, but many environmentalists cheered her expertise in ocean science and her background as a woman from the Global South."
More info, also why deep sea mining is a *very* bad idea:
https://grist.org/oceans/leticia-carvalho-international-seabed-authority-election/
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Deep-sea mining: A risky business for all, including mining firms
https://www.thecanary.co/global/world-analysis/2023/07/28/deep-sea-mining-risks-costing-everyone-including-mining-companies-the-earth/#DeepSea
#DeepSeaMining
#ISA
#CarbonSink
#ClimateCrisis
#GlobalWarming
#UNCLOS
#TheMetalsCompany
#Nauru
#2YearRule
#OceanEcosystems
#Japan
#DeepSeaMiningTest -
"The Metals Company (TMC) is a Canadian mining company and one of the most ruthless when it comes to plundering the seabed. In a bid that aims to put pressure on delegates at the ISA and rush the start of deep sea mining, TMC worked with their sponsoring state to trigger a controversial loophole called the '2 year rule' that sets an ultimatum for governments. The industry is trying to use this as a deadline for governments to allow deep sea mining to start in July."
#TheMetalsCompany #TMC #Canada #DeepSeaMining