U.N. body warns over Trump's deep-sea mining order
- On May 1, 2025, an executive directive was issued by Donald Trump to accelerate the permitting process for deep-sea mining activities in both U.S. And international ocean areas.
- The order aims to advance mineral extraction of ocean floor nodules despite an ongoing global push, led by France, for a moratorium until environmental effects are better understood.
- Opponents include a coalition of 32 countries, fisheries groups, scientists, and tech companies, who warn that mining could harm marine ecosystems and jeopardize ocean carbon storage.
- Olivier Poivre d'Arvor, France's ocean ambassador, criticized the U.S. For attempting to claim rights over international waters through mining permits and warned against actions that could cause permanent harm to the oceans.
- The order could accelerate mineral extraction critical for technology but risks undermining international environmental safeguards and complicating maritime governance beyond mining itself.
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Why The Metals Company Stock Surged 82.6% in April @themotleyfool #stocks $TMC
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Total News Sources214
Leaning Left33Leaning Right23Center59Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 29%
C 51%
R 20%
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