Source: International Business Times
President Donald Trump seeks to boost US deep-sea mining in part to counter China's dominance in the burgeoning industry AFP President Donald Trump signed an executive order Thursday to expand US deep-sea mining for rare earth minerals in domestic and international waters, despite warnings by environmental groups. White House aides say the initiative could see US operations scoop up more than a billion metric tons of deep-sea nodules and pump hundreds of billions of dollars into the American economy. The fast-tracking also flies in the face of a decade-long international effort to set ground rules for the burgeoning deep-sea industry.
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