Deep-Sea Mining set to become a $100 billion plus industry but U.S. can’t participate

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The U.S. has actually locked itself out from the next major mining frontier– deep sea mining– while China leads the world in it, said Alex Gilbert. Accomplishing the goal of net no discharges by 2050 would certainly call for six times even more of particular minerals that are currently extracted by 2040, according to the International Power Firm. This has actually led to a need in deep sea mining.

Gilbert, who is a Fellow at the Payne Institute for Public Policy at the Colorado College of Mines, talked with Michelle Makori, lead anchor and also editor-in-chief of Kitco News.

Follow Michelle Makori on Twitter: @MichelleMakori ()
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