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'No doubt' Canadian firm will be first to extract deep sea minerals: CEO
The head of submarine mining pioneer The Metals Company told AFP he had "no doubt" the Canadian firm would be the first to to extract coveted minerals from the deep seas, with help from Donald Trump. Metal-containing deep-sea nodules, which have the appearance of potato-size pebbles and typically contain nickel and cobalt, are highly sought for use in electric vehicle batteries and electric cables, and the race is on to be the first to extract them from the untapped deep sea. TMC's chief executive Gerard Barron told AFP in an interview in New York that his company was sure to win the race. The company turned its ... (full story)
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- Jun 6, 2025 1:45pm Posted byFundamental Analysis279
