Daily Mining Industry Report: June 23, 2025

Daily Mining Industry Report: June 23, 2025

🇨🇦 Canadian Highlights

(No major Canada-specific mining developments were reported in the past 24 hours.)

🌍 Global Developments

Korea Zinc Invests US$85M in Canadian Deep-Sea Mining Startup
Korea Zinc, the world’s largest zinc smelter, has acquired a 5% stake in Vancouver-based The Metals Company—investing US$85.2 million to support polymetallic nodule mining in the Pacific Ocean. This move aligns with efforts to diversify critical-mineral sources away from China, though environmental groups and 20 nations are urging a moratorium over ecological concerns wsj.com+1en.wikipedia.org+1.

Push to Launch Deep-Sea Mining by 2025
Countries like Norway and the U.S. are racing to finalise seabed-mining regulations, with ambitions to begin commercial operations in international waters by 2025. The Metals Company has submitted applications under U.S. law to explore and recover nodules—raising tension between resource strategy and environmental risk en.wikipedia.org.

⚙️ Technological & Regulatory Trends

• AI & Robotics Expansion
  The mining industry continues to adopt AI-powered autonomous systems, scenario-engineering frameworks, and on-device anomaly detection—boosting safety, efficiency, and cost savings .

• Deep-Sea Regulatory Race
  National initiatives—such as President Trump’s directive and Norway’s licensing plans—indicate growing momentum toward seabed-mineral extraction, while UN regulators delay broader approvals wsj.com+2en.wikipedia.org+2en.wikipedia.org+2.

📈 Market & Strategic Insights

• Critical-Mineral Supply Diversification
  Korea Zinc’s investment in ocean-floor mining reflects intensifying global efforts to reduce dependency on Chinese critical-mineral supply chains.

• Decarbonisation Through Digitisation
  Following PwC and Deloitte 2025 trends, mining firms are leveraging digital tools, automation, and green technologies—achieving gains in resource modelling, emissions reduction, and operational resilience mining.com+15cmicglobal.com+15weforum.org+15.

• Environmental-Policy Tensions
  As regulators fast-track seabed mining, environmental stakeholders are raising alarms—highlighting the need to balance resource access with ecosystem protection.

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