A Sea Change: Canadian Firm Negotiates with Trump for Deep-Sea Mining :

A revelation from a Canadian deep-sea mining firm has stirred the waters of the environmental world. The Metals Company recently unveiled that they've been in talks with the Trump administration to dodge a UN treaty and potentially seek authorization from the US to mine in international waters. Environmentalists have dubbed this move as "reckless" and a blow to multilateralism. 

The Call for a Pause in Deep-Sea Mining is Rising:

This sea-mining adventure unfolds at a time when cries for a halt in deep-sea mining are escalating. Over 30 governments are rallying for a moratorium. Their argument rests on the lack of sufficient data surrounding the exploitation of the seabed. The fear is that industrial mining could trigger an irrevocable loss of biodiversity.

Regulators and Regulations:

The Metals Company has requested for a regulator with a powerful regulatory regime willing to grant their application a fair hearing. They've kick-started the process to apply for licenses and permits under the existing US seabed mining code. Meanwhile, the International Seabed Authority, a UN body overseeing deep-sea mining, has voiced its concern against this announcement.

Mining Machinations:

While the International Seabed Authority and countries worldwide are debating rules around extracting metals such as copper and cobalt from the seabed, The Metals Company is forging ahead. It has initiated a process under the US Department of Commerce to apply for exploration permits for mineral extraction from the ocean floor. It plans to move forward "with urgency" and apply under the 1980 Deep Seabed Hard Mineral Resources Act.

Ocean's Riches and Risks:

The Metals Company has its eyes set on the Pacific Ocean seabed between Mexico and Hawaii, known as the Clarion-Clipperton Zone. This region is replete with polymetallic nodules and a treasure trove of newly discovered species. The company's move has caused a ripple of reactions among environmental campaigners and representatives of different countries.

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