#Latest news with #miningleasesWashington Post21-05-2025BusinessWashington PostTrump administration will evaluate request to sell leases for seabed mining of critical mineralsThe Trump administration said Wednesday that it will consider selling leases to extract minerals from the seabed off the South Pacific island of American Samoa, a potential first step in a wider industry push to allow deep-sea mining that environmentalists oppose because they say it could irreparably harm marine ecosystems. The Department of Interior said it is responding to an April request from California-based company Impossible Metals for a commercial auction. The company wants to mine the ocean floor for deposits of nickel, cobalt and other critical minerals.
Washington Post21-05-2025BusinessWashington PostTrump administration will evaluate request to sell leases for seabed mining of critical mineralsThe Trump administration said Wednesday that it will consider selling leases to extract minerals from the seabed off the South Pacific island of American Samoa, a potential first step in a wider industry push to allow deep-sea mining that environmentalists oppose because they say it could irreparably harm marine ecosystems. The Department of Interior said it is responding to an April request from California-based company Impossible Metals for a commercial auction. The company wants to mine the ocean floor for deposits of nickel, cobalt and other critical minerals.