President Donald Trump signed an executive order (EO) on Thursday to promote deep-sea mining and present the latest efforts to increase production of key minerals such as nickel and copper.
order It directs the industry to speed up the permitting process to ensure the efficiency, predictability and competitiveness of American companies, promote “increasing China’s influence on seabed mineral resources” and to speed up the permitting process as part of a broader effort to “expand” the US ‘expanding impact’.A global leader in key minerals. ”
“The United States has a core national security and economic interest in maintaining leadership in deep sea science and technology and undersea mineral resources,” the order reads. “Our country must act immediately to accelerate the responsible development of submarine mineral resources, quantify national contributions of submarine minerals, reinvigorate American leadership in related extraction and processing technologies, and ensure a safe supply chain for the defense, infrastructure and energy sector,” the order continues.
Today’s @potus This will be revealed by the executive order. The United States, not China, will lead the world by responsibly unlocking undersea mineral resources and securing critical mineral supply chains with partners and allies.
– Secretary Marco Rubio (@secrubio) April 24, 2025
“The United States, not China, will lead the world by responsibly unlocking undersea mineral resources and securing key mineral supply chains with partners and allies,” said Secretary of State Marco Rubio. I wrote it x following the order.
Rare earth elements are key components of a wide range of advanced technology, including computer chips, automotive components, and numerous electronic applications.
Chinese mining companies have saturated the market with low-cost rare earth metals, particularly lithium. I said Reuters in October. (Related: Trump weighs tariffs as a tool to break China’s tensions over “critical minerals”)
“If the US loses access to critical minerals processed from foreign sources, US commercial and defense manufacturing sites for derivative products may not be able to meet substantial shortages and demand,” April 15th. Presidential Order Regarding reading important minerals.
The White House declined to comment and instead introduced the Daily Caller News Foundation to EO and its fact sheets. The Chinese Embassy did not respond to DCNF’s request for comment in time for publication.
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