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Stock impact report

The US is fast-tracking permits for deep-sea mining [Verge, The]

Sunrun Inc. (RUN) 
NASDAQ:AMEX Investor Relations: investors.sunrun.com/investor-overview
Company Research Source: Verge, The
process for both searching for and commercially extracting minerals that have so far remained relatively untouched. These minerals are found so deep in the sea that they're beyond any single nation's national jurisdiction — which is why President Trump has sparked outrage over his efforts to bypass an international mining code. A chorus of scientists and ocean advocates warn that disturbing the deep seabed could trigger a chain of unforeseen consequences that could eventually harm coastal communities around the world. Those concerns have been enough to push some companies that might even benefit from a new source of these minerals — coveted for producing rechargeable batteries for electric vehicles, renewable energy, and all kinds of gadgets — to pledge not to use any of the materials sourced from the deep sea. The deep sea is dotted with polymetallic nodules containing nickel, cobalt, manganese, and other minerals used in rechargeable batteries. Disturbing the deep seabed could Show less Read more
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