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International Business Times
International Business Times
Business

Trump A Boon For Deep-sea Mining: Industry Boss

Moana Minerals CEO Hans Smit says US President Donald Trump's support for deep-sea mining is helpful for the industry (Credit: AFP)

A leading deep-sea mining company in the paradisal Cook Islands is aiming to start commercial production by 2030, spurred on by Donald Trump's recent backing for the much-maligned industry.

Moana Minerals wants to mine a swathe of deep ocean in the South Pacific nation for polymetallic nodules, golf-ball sized lumps studded with metals like cobalt, nickel and manganese.

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