Trump's ILLEGAL Goldmine | Why Trump Is Breaking International Law to Beat China?
Think School explains why polymetallic nodules - ugly black rocks lying nearly 5 km under the Pacific and estimated to be worth $20 trillion - are escalating tensions between the US and China. The video shows how four metals (manganese, cobalt, nickel and copper) underpin military strength, industry, energy, technology and self-reliance; how the world is running short of copper; and how China, starting during the 2008 recession, captured 50% of Congo's cobalt mines, control of 75% of Indonesian nickel, about half of world copper refining and 67% of silico-manganese production. It then explains the 1982 Law of the Sea, under which the deep seabed belongs to no one and the International Seabed Authority reserves half of every explored area for developing countries - a rule the channel says China gamed through its developing-country UN status, before Trump signed an executive order fast-tracking deep-sea mining by American companies, breaking international law in the channel's telling. FULL COVERAGE: the captions appear to cover the entire episode. All figures and legal characterizations are as stated by the channel, not independently verified. Sponsor: Vested. Nothing here is investment advice.
Executive Summary (TL;DR)
Five kilometres under the Pacific sits a patch of 21.1 billion tons of ugly black rocks - polymetallic nodules estimated at $20 trillion, holding enough manganese, cobalt, nickel and copper to run the world for 50 years. Think School shows why these four metals are the new commodities of power, how the world is running out of copper, and how China spent the years from 2008 to 2026 capturing all four supply chains - then gamed the 1982 Law of the Sea's developing-country rule to mine areas reserved for poor nations. Trump's answer, in the channel's telling, is to break international law and let American companies mine the same seabed - a pattern that echoes the treaties that preceded both World War I and the Cold War. FULL COVERAGE: the captions appear to cover the entire episode. All figures and legal characterizations are as stated by the channel, not independently verified. Sponsor: Vested. Nothing here is investment advice.