The USA rare Earth’s CEO Joshua Ballad discussed the need for important minerals, the impact on mining from the Trump administration, and the start of the company on the stock exchange.
chairman Donald Trump An executive order signed to help promote and facilitate the exploration, extraction and processing of minerals from seabed.
Order describes resources as key American interest,
“The United States faces unprecedented economic and national security challenges in acquiring reliable supply of important important minerals independent from anti -foreign control. Vast offshore sea sector keeps important minerals and energy resources. These resources are important to strengthen our economy, secure our economy, secure our energy and reduce dependence on foreign suppliers for important minerals,” Order state,
President Donald Trump spoke to reporters during a meeting with Norway Prime Minister Jonas Gahar Store at the Oval Office of the White House at Washington, DC on Thursday. (Chip Somodeville/Getty Images)
“Our nation can use potentially spacious resources in seized polymethetic nodules through the practice of existing authorities and through the establishment of international partnership; other sub -ghugarik structures; and coastal deposits in which strategic minerals such as nickels, cobbles, copper, manganese, titanium, and rare earth elements, and rare earth elements.
It asks to accelerate the processes Permit review and grant And lease.
The order “Asks to complicate with key partners and colleagues, to offer support for seized mineral resources exploration, extraction, processing, and environmental monitoring in areas within the national courts of those partners and colleagues, in search of scientific cooperation and commercial development opportunities for the United States companies, and developing a priority list of countries for the United States.”
It also asks to prepare a plan to map the major parts of the seabed.
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The Commerce Secretary, in consultation with the heads of the state’s secretary, internal secretary, and other relevant agencies, and in collaboration with commercial and other non-governmental organizations, develops plans to map priority sectors of seabed, “the order announces.
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“Being dependent on China for important minerals is not just a problem for our economy, but a national security threat.”
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