EPA under fire for failing to comply with mine spill probe
The Congress-led investigation aims to determine the agency’s role in triggering a 3-million-gallon toxic spill into Colorado’s Animas River on Aug. 5.
The country is currently the biggest producer of the two crude metals, and a restriction on more smelters coming online could hit Chinese stainless steel producers.
While seabed mining remains technologically and commercially unproven, rising demand for metals crucial to decarbonization are already unleashing a gold rush to the bottom of the sea.
Global exploration spending for base metals will nearly double within five years from the current annual $70 million to $80 million, CTO Laura Tyler says.