Canada's The Metals Company aims to apply next year for a licence to start mining in the Pacific Ocean, with production expected to get underway by as early as the fourth quarter of 2025, it said in a statement.
aims to apply next year for a licence to start mining in the Pacific Ocean, with production expected to get underway by as early as the fourth quarter of 2025, it said in a statement.
TMC said on Tuesday that its subsidiary, Nauru Ocean Resources Inc. intends to submit the application to the International Seabed Authority after the global regulator meets in July next year. Deep sea mining could provide Nauru, a tiny Pacific island state with a population of around 11,000 people, with a vital source of income as it tries to manage the impact of climate change as well as a sharp decline in tourist revenues during the COVID-19 pandemic.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2024 Toyota Land Cruiser, 2024 Porsche 911 S/T: Car News HeadlinesThe return of the Land Cruiser, a special-edition 911, and a future Cadillac EV all made headlines today.
Read more »
2024 Ford Mustang Dark Horse First Drive Review: New model, familiar formula - AutoblogThe 2024 Ford Mustang Dark Horse may be a new pony in the stable (ugh, sorry), but it follows the playbook of the Mach 1 before it.
Read more »
Opinion | A 2024 poll suggests Trump's 'fun' factor is helping him leadTrump’s political success is inextricably intertwined with his public identity as an entertainer, ZeeshanAleem writes.
Read more »
Review: 2024 Ford Mustang Dark Horse unleashes the inner track starThe 500-hp Mustang Dark Horse improves on the Mustang GT, and may inspire NASCAR fantasies.
Read more »
2024 Ford Mustang Dark Horse Is the Ultimate 5.02024 Ford Mustang Dark Horse is the ultimate 5.0.
Read more »
2024 Skoda Scala And Kamiq Facelift Debut With Mild Visual And Tech Updates | CarscoopsThe mechanically-related models might look very similar to their predecessors at first glance, but they hide some welcome updates car auto cars
Read more »