Summary
Gerard Barron, CEO of The Metals Company, aims to be the first to mine the ocean floor for minerals like nickel and cobalt with support from an executive order by President Trump. The company seeks approval to mine a mineral-rich area in the Pacific Ocean, though the environmental impact and rights over international waters remain concerns.
Key Facts
- Gerard Barron is the CEO of The Metals Company, which plans to mine the ocean floor.
- President Trump's executive order promotes deep-sea mining to reduce U.S. reliance on foreign minerals.
- The targeted mining area is in the Pacific Ocean, known as the Clarion-Clipperton Zone.
- This zone contains large amounts of minerals such as nickel and cobalt.
- The Metals Company is seeking U.S. government approval to start mining in this area.
- Mining these minerals is considered crucial for defense and energy technologies.
- Environmental impact on ocean ecosystems is a significant concern among scientists.
- Legal rights over these minerals in international waters are disputed by other countries.
