Latest news and articles about rare minerals from NEX English
American Ocean Minerals Corp. has announced its merger with Odyssey Marine Exploration Inc. in a reverse deal led by former Rio Tinto CEO Tom Albanese. This merger marks a strategic step in deep-sea exploration.
The Australian Parliament has recently passed legislation allowing the Export Credit Agency to purchase, store, and sell fuel and rare minerals. This decision comes amid a significant energy shortage in the country, partly attributed to escalating crises in the Middle East.
Intense discussions are underway in the global political arena regarding the need for deep ocean mining and the safety of these operations. Policymakers are questioning the potential benefits and environmental ramifications of these activities, raising concerns among various environmental groups.