#Trump streamlines permitting for deep-sea miners
The Trump administration is finalizing new rules that would effectively cut the permitting process for deep-sea mining in half, even in areas outside of US jurisdiction.
On Wednesday, the National Oceanic and Atmospheric Administration (NOAA) announced a revision to regulations under the Deep Seabed Hard Mineral Resources Act (DSHMRA) that aims to streamline the seabed mining permitting process.
Parts of the Pacific Ocean and elsewhere are estimated to contain large amounts of rocks known as polymetallic nodules filled with the building blocks for electric vehicles and electronics.
More than 1 billion metric tons of those nodules are estimated to be in US waters and filled with manganese, nickel, copper and other critical minerals needed for the energy transition.
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