• The Metals Company (TMC) has submitted its first application to commercially exploit seabed minerals in international waters, along with applications for two exploration licenses, under the U.S. regulatory authority.
  • The contentious move follows a recent executive order from the Trump administration that directed the U.S. government to fast-track deep-sea mining in an effort to secure supplies of critical minerals for the U.S.
  • Both TMC and the U.S. have faced international pushback over these plans, with both the U.N.-affiliated International Seabed Authority (ISA) and China criticizing them as potentially violating international law because only the ISA has the authority to permit mining in international waters.
  • While the U.S. regulator and TMC say they will manage environmental risks, critics say deep-sea mining could cause significant and potentially irreversible damage to marine ecosystems.

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