💨 Abstract

The Trump administration is planning to stockpile deep-sea metals to reduce dependence on China's dominant supply of battery minerals and rare earth elements. The move comes in response to China's recent export restrictions on rare earth elements as a retaliation to U.S. tariffs. The stockpile is part of a broader strategy to accelerate deep-sea mining applications and establish onshore processing capacity in the U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖