The Executive Order mandates the rapid development of US capabilities in the exploration, characterisation, collection and processing of critical deep seabed minerals.

President Donald Trump has signed an executive order aimed at establishing American "dominance" in deep-sea mining in international waters.

A new executive order signed by President Donald Trump on Thursday approves a ramp-up of deep-sea mining for rare earth minerals, escalating a budding race over highly coveted minerals that represent new opportunities for defense and energy,