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The Nexus
BUSINESSMay 21 · 16:53 UTCAP NEWS

Takeaways from AP’s report on deep-sea mining

The Trump administration is fast-tracking deep-sea mining permits through an executive order signed in April 2025, with at least nine companies seeking access to seafloor minerals rich in manganese, copper, nickel, and cobalt. Potential lease sales are planned for summer and fall 2026, though concerns remain about companies' track records and unanswered questions about mineral processing.

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