Metals Company gains momentum amid support for seabed mining, Information says

At an investor event in New York, The Metals Co. expressed renewed optimism about beginning seabed mining in the Pacific, citing explicit backing from the Trump administration, which has deemed the industry a strategic priority, The Information reports. The attendance of senior U.S. officials underscored the government’s growing involvement in critical minerals, following a series of equity deals in lithium, copper, and rare earth companies-momentum that has fueled a sharp rally in The Metals Co.’s shares amid speculation it could be next to receive federal support.