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US Aims Deep-Sea Mining

US to Auction Off American Samoa Waters for Deep-Sea Mining

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According to AP News, the US is planning to auction off sections of water around American Samoa as part of a push for deep-sea mining. This move could potentially open up new areas for mineral exploration and extraction, including critical minerals such as copper, zinc, and rare earth elements. The auction is seen as a significant development in the mining industry, with the US seeking to tap into the vast mineral resources available on the ocean floor. As reported by AP News, this initiative is expected to attract interest from mining companies and investors looking to capitalize on the growing demand for critical minerals.