EPISODE · Apr 23, 2026 · 1 MIN
Deep-Sea Mining: US & Japan's New Metal Frontier
from The Daily News Now! Business
Deep-sea mining is gaining traction in Washington, with The Metals Company at the forefront. This company aims to extract vital metals like nickel, cobalt, copper, and manganese from the ocean floor, crucial for energy, manufacturing, and defense. Despite not yet turning a profit, the government is backing them. President Trump initiated this with an executive order, and the US has partnered with Japan. The appeal lies in reducing dependence on China, which controls most of these metals. New technology is making deep-sea mining more feasible, but significant challenges remain, including permits, construction, and operations. Its a high-risk venture, but one that could reshape global supply chains. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d170d562a7d115d9
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Deep-Sea Mining: US & Japan's New Metal Frontier
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