BUSINESSGRIST
A Bay Area financial analyst wants a piece of this mineral-rich seabed surrounded by three Pacific nations
An American startup seeks to mine international waters near French Polynesia, Cook Islands, and Kiribati under Trump administration approval, bypassing international law. The Trump administration uses a Carter-era law to permit mining, while the UN negotiates a treaty to govern deep sea mining, facing environmental and Indigenous concerns.
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- Takeaways from AP’s report on deep-sea mining
- China-US competition for rare earths sparks plan to mine Pacific seabed near Guam
- Federal government weighs seabed mineral mining off Virginia coast