Canadian firm submits first application seeking US approval for deep-sea mining in international waters

Quick Summary:

The Metals Company (TMC), a Canadian firm, has applied to the US for deep-sea mineral mining in international waters, a first of its kind.

Supported by Trump's initiative, TMC aims to extract minerals vital for electric vehicle batteries from the Pacific Ocean's Clarion-Clipperton Zone.

CEO Gerard Barron hails it as a boost for America's mineral independence.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaFranceGermanyItalyUnited States

Topics: Trump executive order Polymetallic nodules Environmental impact Electric vehicle batteries The Metals Company Deep-sea mineral mining Mining regulations

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 01:17:44 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 550 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28289248

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 33 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions