China's implementation of export controls on seven categories of heavy rare earth related items has triggered panic in the relevant industries in the United States. British media have revealed that the United States plans to increase deep-sea mining for metal nodules as a substitute.
According to a report by the Financial Times on the 12th, the Trump administration is drafting an executive order stating that the United States is planning to stockpile metals discovered on the Pacific seabed, increase the mining of underwater metal nodules, and store them in the United States to cope with China's restrictions on rare metal exports.
Gerald Barron, CEO of Canada's Deepgreen Metal Company: The elements required for electric vehicle batteries are all in this stone, which is actually a beautiful polymetallic nodule. Remarkably, it is rich in nickel, cobalt, copper, and manganese, which are exactly what is needed to manufacture batteries.