Close Menu
  • Home
  • AI
  • Business
  • Crypto
  • Entertainment
  • Finance
  • LIfe
  • Market
  • Sports
  • US
  • Tech

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Tanka CEO KISSON LIN TO AI-NATIC STARTUPS Speaking in Session: AI

May 22, 2025

US students agree to plead guilty to hacking affecting tens of millions of students

May 22, 2025

Google’s AI Agent brings you the web now

May 22, 2025
Facebook X (Twitter) Instagram
XMcnx
  • Home
  • About Us
  • Advertise with Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • AI
  • Business
  • Crypto
  • Entertainment
  • Finance
  • LIfe
  • Market
  • Sports
  • US
  • Tech
XMcnx
Home » The Trump administration may sell deep sea mining leases at the urging of startups
Tech

The Trump administration may sell deep sea mining leases at the urging of startups

By supportMay 21, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Impossible Mining Auv.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


The U.S. Department of the Interior said Tuesday it was beginning a process of selling deep-sea mining leases after a request from startup Impossible Metal (previously impossible mining).

The agency said the process “assess the potential mineral lease sales in waters off the coast of Samoa, USA.” The administrative procedure requires the solicitation of a federal register and public feedback before considering a sale.

Given the secretary’s tone of decor statements on the issue, lease sales may be a natural conclusion.

“Critical minerals are fundamental to strengthening our country’s resilience and protecting our national interests,” said Doug Burgham, Interior Secretary. “We support both American economic growth and national security by providing opportunities for responsible access to deep-sea mineral resources.”

Deepwater mining startup Impossible Metals filed a formal request for a lease in April.

The company has developed an underwater autonomous vehicle that has been dropped to the seabed by cranes. There, robotic claws are used to grab mineral-rich polymetal nodules. Impossible metals argue that their UAVs are less destructive to deep-sea ecosystems, which are more vulnerable than their competitors. Many of them use a vacuum to hoover the nodule.

Polymetal nodules form over millions of years and accumulate minerals that dissolve in seawater, such as manganese, iron, cobalt, nickel, and copper. As the world is electrified, demand for such important minerals has skyrocketed. China’s control over major mineral markets like cobalt is also sending out companies and governments searching for alternative sources.

Metal blocks are catching the eye of prospectors as they contain very high concentrations of minerals, much higher than the ones that terrestrial mines usually recover.

Ecologists and oceanographers warn that mining operations in areas rich in polynode canals are at risk of destroying vulnerable ecosystems. Life slowly and deepens, and it will take decades to be confused. Recent research has shown that microbial communities need 50 years to recover from mining operations.

Sponges and other creatures grown on the floor can be directly harmed by mining robots, and those handed over must deal with plumes of sediment contaminating normal, clear water. Furthermore, it suggests that the nodule itself produces oxygen, which may help researchers find life on other planets.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleTarget cuts annual forecasts as tariffs, boycott weighs sales | Business and economy
Next Article Amazon unfolds a summary of AI-powered audio products in a short format for selected items
support

Related Posts

Tech

US students agree to plead guilty to hacking affecting tens of millions of students

By supportMay 22, 2025
Tech

In a busy VC landscape, Elizabeth Weil’s graffiti venture shows that networks are still important

By supportMay 22, 2025
Tech

Ted’s app launches short video features ahead of Tiktok’s potential ban

By supportMay 22, 2025
Tech

siro lands $50 million to expand AI-powered coaching for salespeople

By supportMay 21, 2025
Tech

Submitted submission raises $17 million to automate tax preparation dr voyages

By supportMay 21, 2025
Tech

Spotify’s new “future release” hub highlights future albums that you might like

By supportMay 21, 2025
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Tanka CEO KISSON LIN TO AI-NATIC STARTUPS Speaking in Session: AI

By supportMay 22, 2025

We are pleased to announce that Tanka Founder and CEO Kisson Lin will be taking…

US students agree to plead guilty to hacking affecting tens of millions of students

May 22, 2025

Google’s AI Agent brings you the web now

May 22, 2025

In a busy VC landscape, Elizabeth Weil’s graffiti venture shows that networks are still important

May 22, 2025
Top Posts

Cancelling the Joy Reed Show is “mistakes”

February 26, 2025

Black melodrama has a possibility

February 26, 2025

The “Facts of Life” star died in 83

February 25, 2025

Cara Sophia Gascon joins Oscar despite social media controversy

February 25, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to XMcnx – your trusted source for insightful information about the world of Crypto, Market trends, the latest developments in the US, cutting-edge AI technologies, Tech innovations, and Finance.

At XMcnx, our mission is to provide you with timely, accurate, and relevant news and analyses that empower you to stay ahead in an ever-evolving digital world. We understand the challenges of navigating through the complexities of modern markets, technology, and financial systems. That’s why we’re dedicated to delivering high-quality content that helps you make informed decisions.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Tanka CEO KISSON LIN TO AI-NATIC STARTUPS Speaking in Session: AI

May 22, 2025

US students agree to plead guilty to hacking affecting tens of millions of students

May 22, 2025

Google’s AI Agent brings you the web now

May 22, 2025
Most Popular

TikTok announces it will go dark on Sunday without ‘definitive’ guarantees

January 18, 2025

President Trump mints $31 billion in new official $TRUMP crypto meme coin

January 18, 2025

El Salvador’s secret weapon? Stacey Herbert talks about the company’s extensive Bitcoin education program

January 18, 2025
  • Home
  • About Us
  • Advertise with Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 xmcnx. Designed by xmcnx.

Type above and press Enter to search. Press Esc to cancel.