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Buckle up, folks, because today’s market is dishing out some serious action, and one stock is stealing the spotlight: TMC the Metals Company (NASDAQ: TMC)! As of this writing, TMC is up a whopping 19.86%, trading at $5.20, making it one of the day’s biggest gainers. Why the surge? A massive $85.2 million investment from … Read more
The U.S. Department of the Interior said Tuesday it’s beginning the process of selling deep sea mining leases after a request from startup Impossible Metals. The agency said the process would “evaluate a potential mineral lease sale in the waters offshore American Samoa.” The administrative procedure requires a publication in the federal register and the … Read more
Critical minerals such as cobalt, nickel, copper and manganese can be found in potato-sized nodules at the bottom of the seafloor. Pallava Bagla | Corbis News | Getty Images U.S. President Donald Trump’s critical minerals drive looks set to pave the way for a gold rush on the ocean floor. Seeking to counter China’s mineral … Read more
Critical minerals such as cobalt, nickel, copper and manganese can be found in potato-sized nodules at the bottom of the seafloor. Pallava Bagla | Corbis News | Getty Images U.S. President Donald Trump has signed a sweeping executive order to jump-start the controversial practice of deep-sea mining, seeking to offset China’s dominant position in critical … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The UK government is pushing for a domestic buyer to take over the deep-sea mining exploration licences it sponsors in the Pacific Ocean, as it seeks to get ahead in the global race … Read more
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