Metals Company submits federal application to explore seabed mining, NYT reports

The Trump administration announced that it had received an application from Metals Company (TMC) to explore seabed mining in international waters, Sachi Kitajima Mulkey of The New York Times reported. Federal officials said they are formally reviewing the initial permit requests from the company, a leading candidate in the race to extract valuable minerals from the deep ocean, according to the article. The company has stated that it aims to begin commercial mining operations in the Pacific Ocean by 2027.