Dossier
Victor Vescovo
Coverage of Victor Vescovo in the Nexus archive.
- Companies join a deep-sea mining rush after Trump executive order, as regulators fast-track permits
Following Trump's executive order to develop a deep-sea mining industry, at least nine companies are pursuing permits to mine seafloor minerals from American Samoa to Alaska, with stock prices rising and federal regulators fast-tracking approvals. However, experts raise concerns about the companies' uncertain financial models, questionable track records, and unresolved questions about mineral processing.