The first commercial effort to exploit these riches failed a century later. In 1970, a U.S. company hoisted 60,000 rocks from the seafloor off the coast of Charleston, S.C., and then dumped most ...

Along certain parts of the ocean floor lies a bounty of rare minerals and metals, critical components for batteries, electric cars and other electronics. But mining for them in the deep sea is a ...

There is currently no commercial deep-sea mining happening anywhere in the world, though companies have been pushing for years. They appear to have found a new champion in Trump.

As a result of its $2.9 billion acquisition of Joy Global in 2017, the company expanded its surface mining product line and became a formidable player in the underground mining machinery market.