The Global Race for Critical Minerals—And the Fight Over the Ocean Floor
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The technological world is built by critical minerals like nickel, cobalt, and lithium. As the demand for clean energy expands, so does the demand for these metals and rare earth elements. While these materials have historically been mined on land, a trove of critical minerals is lying on the seabed and being captured by the competitive, booming, and opaque deep-sea-mining industry. The U.S. is missing out in this race while its geopolitical competitors, China and Russia are getting ahead in this industry. On the other hand, scientists and environmentalists are…
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