Nickel & Donald Trump

Nickel: A key metal found in polymetallic nodules, whose supply could be increased by deep-sea mining.

Donald Trump: Signed the 2025 executive order to 'unleash' seabed resources, driving the US push for deep-sea mining.

Nickel: Nickel is the primary commodity of the Crawford project. The approval adds a major new Western source of nickel, which is crucial for EV batteries and stainless steel, potentially affecting global supply dynamics.

Donald Trump: U.S. President Trump's trade war has motivated Canada to accelerate resource projects to counter economic pressure, indirectly influencing this approval.

Nickel: Commodity targeted by mining proposals. The executive order restricts nickel mining in the watershed, potentially affecting supply and prices.

Donald Trump: President whose administration lifted the federal mining ban in April, enabling mining proposals. His action is the direct catalyst for the executive order.

Nickel: Key commodity for Indonesia-China cooperation, especially in EV batteries.

Donald Trump: US President has trade deal with Indonesia, part of balancing dynamic.