Trump administration urged by Metals Company to grant license, NYT reports

The Trump administration, which has already expressed its desire to retake the Panama Canal and assume control of Greenland, is being nudged by the Metals Company (TMC) to disregard the The International Seabed Authority and grant the company a license to start mining in international waters as soon as 2027, reported The New York Times. Gerard Barron, the CEO at the Metals Company, “announced the maneuver Thursday after it became clear that it could still be years before the Seabed Authority finalizes mining regulations,” the Times noted. Barron said executives had already met with Trump administration officials to promote their plan, which would also require a permit from the National Oceanic and Atmospheric Administration, the Times added.