Trump signs executive order to expedite seabed mineral exploration
The Executive Order mandates the rapid development of US capabilities in the exploration, characterisation, collection and processing of critical deep seabed minerals.
25 April 2025
25 April 2025
The Executive Order mandates the rapid development of US capabilities in the exploration, characterisation, collection and processing of critical deep seabed minerals.
Freeport-McMoRan has raised concerns over the potential impact of tariffs, which could hike its material costs for US mines by approximately 5%.
The company has engaged Barclays and Citigroup to advise on potential IPO plans.
The non-binding LOI has a 15-year indicative repayment term.
The negotiations aim to address the impact of falling lithium prices on the project's economic feasibility.
The new policy measures aim to address the challenges of high capital investment and longer gestation periods in underground coal mining.
Sayona is seeking shareholder approval for a 150:1 share consolidation ahead of completing the transaction, per the amended agreement.
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