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Wednesday, May 6, 2026

NOAA OKs First Deep-Sea Mining Plan For Critical Minerals In Pacific Ocean

 by Jill McLaughlin via The Epoch Times,

The Trump administration approved on May 1 its first deep-sea critical minerals exploration application, submitted by North Carolina-based deep-sea mining explorer The Metals Company USA (TMC).

The company expects to find millions of tons of nickel, copper, cobalt, and manganese on the sea floor needed in the United States for electric vehicle batteries, infrastructure, and national defense systems.

TMC applied for the 10-year license last year after President Donald Trump ordered the National Oceanic and Atmospheric Administration (NOAA) to expedite the process of reviewing and issuing the deep-sea permits to “unleash America’s offshore critical minerals and resources.”

“NOAA has determined that this application is fully compliant with the applicable application information requirements,” the agency reported May 1.

The application now moves into the certification stage and will undergo an environmental review process and be open for public comment before a license and permit are issued. TMC USA expects the process to conclude sometime in the first three months of 2027.

TMC is a subsidiary of a larger Canadian exploration firm with the same name that holds rights to what it describes as the world’s largest undeveloped resource of battery-grade nickel, copper, cobalt, and manganese.

“This determination marks an important step forward in NOAA’s transparent, rules-based process, and brings us ever closer to providing the U.S. with a new, abundant and lower-impact source of critical metals,” parent company TMC CEO Gerard Barron said in a statement.

“It reflects the sheer scale of scientific, environmental, and engineering effort and expertise that have been brought to bear on this project over the last 15 years, which provides us with sufficient information to move efficiently and responsibly into commercial operations under NOAA’s oversight,” Barron said.

NOAA determined that the application for an exploration license and commercial recovery permit under the Deep Seabed Hard Mineral Resources Act was in full compliance.

The Metals Company plans to conduct seabed mining exploration within the area beyond national jurisdiction known as the Clarion-Clipperton Zone, which stretches about 4,500 miles between Hawaii and Mexico in the North Pacific Ocean.

The zone is considered “common heritage of mankind” and is administered by the International Seabed Authority (ISA), a United Nations (U.N.) body that manages seabed resources.

The ISA, however, has not yet finalized global rules for the zone, and multiple countries view action in the absence of such rules as a violation of the U.N. Convention on the Law of the Sea.

Engineers aboard Hidden ​Gem inspect the ​top ​of the 4-kilometer-long ​riser system, ​which ​is used ​to ​transport ​collected nodules ​to the surface on compressed air. The Metals Company

The United States pushed forward this year to issue licenses under its own laws instead of waiting for the ISA, as part of a larger effort to amass a domestic supply of critical minerals for national security after China began to restrict global supplies.

TMC’s application and recovery permit covers a total area of 26,000 square miles in the Clarion-Clipperton Zone. The exploration areas are even larger, covering nearly 77,220 square miles.

The company believes the exploration areas contain an estimated 17 million tons of nickel, more than 14 million tons of copper, 2.2 million tons of cobalt, and 380 million tons of manganese.

The application received nearly 300 public comments, with some opposing and some supporting the company’s plans.

The ​Allseas-designed collector vehicle gently ​lifts the loose-lying ​polymetallic ​nodules from the seafloor at ​depths of 4 kilometers ​using water jets. The Metals Company

“I oppose deep-sea mining,” said Suzanne Reid, an individual from Florida. “We should not destroy the ocean’s natural oxygen-producing nodules. Please choose a moratorium to protect our future.”

Commenter James Selke said he thought the project was needed.

“While this project may introduce unavoidable impacts to the deep seabed, the relative area of this license (and the CCZ generally) is very small and isolated in comparison to the vastness of the World’s oceans,” Selke wrote. “The United States should deeply consider the national security impacts of such a project, holistically, rather than simply evaluating the unavoidable, yet mitigatable, impacts as the determining factor.”

NOAA accelerated permitting for deep-sea mining companies this year using a 1980s policy that allows U.S. citizens to explore the seabed to mine critical minerals until the international regulatory regime is in place.

The United States controls seabed mineral resources in the Exclusive Economic Zone and its Extended Continental Shelf, covering over 4 million square miles of submerged land around the Pacific islands, Alaska, and the Atlantic coast.

In ​2022, ​TMC and Allseas ​successfully lifted ​over 3,000 metric tonnes of ​nodules from the seafloor and transferred them ​to the hold of the Hidden ​Gem vessel. The Metals Company

Experts estimate that 43 of 60 minerals listed by the U.S. as critical to the economic and national security of America in 2025 can be found on the outer continental shelf, according to Congress.

The agency released the first images of geologic seafloor samples acquired through a survey project to map and characterize more than 30,000 square nautical miles of federal waters in the U.S. exclusive economic zone beyond the territorial waters of American Samoa in April.

“NOAA’s mapping missions serve as a reminder that ocean exploration is a vital piece of our nation’s economic development,” NOAA Administrator Neil Jacobs said in a statement.

The data gathered from the project will enable science-based decision-making to support responsible development, Jacobs said.

https://www.zerohedge.com/commodities/noaa-oks-first-deep-sea-mining-plan-critical-minerals-pacific-ocean

FBI Raids Office And Cannabis Dispensary Of Virginia State Sen. L. Louise Lucas

 Federal agents from the FBI executed court-authorized search warrants Wednesday morning at the Portsmouth legislative office of longtime Democratic Virginia State Sen. L. Louise Lucas and at an adjacent cannabis retail business she co-owns, as part of an ongoing federal corruption probe tied to marijuana dispensary operations.

Virginia Senate President pro tempore Louise Lucas (D-Portsmouth) listens to debate on the state Senate floor in Richmond, Va., on Feb. 17, 2026. Ryan M. Kelly/AP Photo

The raids, which also extended to other unspecified locations across the commonwealth, stunned Virginia political circles given Lucas’s status as one of the state’s most powerful and influential lawmakers. Lucas, 82, who has represented Portsmouth in the Senate since 1992 and serves as President Pro Tempore, was not arrested and returned home by midday, according to her longtime political consultant. No charges have been filed against her or anyone else publicly identified in connection with the searches.

Details of the Operation

The FBI’s Norfolk field office confirmed in a statement that agents were “executing a court-authorized federal search warrant in Portsmouth, Va.” FBI spokeswoman Cassandra Temple told reporters on scene that the bureau was conducting “court-authorized law enforcement activity today” but provided no further details on the targets or allegations.

Eyewitness accounts and news footage described a significant law enforcement presence: approximately 8 - 10 agents in marked uniforms at Lucas’s office in the Lucas Professional Center, with staff ordered outside and prevented from re-entering while agents carried out boxes of materials. At the neighboring cannabis dispensary, known as The Cannabis Outlet (or Cannabis Outlet), SWAT team members arrived with weapons drawn, ordered occupants to exit with hands raised, and placed at least three people in handcuffs before taking them into custody. Lucas arrived in the parking lot shortly after the operation began and told a reporter she had “no idea” what was happening.

A person close to the senator told CNN that agents seized electronics and other items. The investigation, which sources described as having opened during the Biden administration and continuing under the current administration, focuses on possible corruption and bribery related to marijuana dispensary businesses.

Political Context: Redistricting Champion

The timing of the raids has fueled speculation and partisan debate because of Lucas’s prominent role in Virginia’s recent congressional redistricting battle. Last month, Virginia voters approved—by a margin of more than 100,000 votes - a referendum allowing mid-decade redrawing of congressional district lines under certain conditions. Lucas was a leading architect of the effort, which produced new maps that could shift Virginia’s congressional delegation from its current 6–5 Democratic edge to as many as 10 Democratic seats out of 11.

Democrats framed the redistricting as a necessary counter to Republican-led gerrymandering efforts in other states ahead of the 2026 midterms. Lucas was characteristically blunt in public exchanges, responding on social media to Texas Sen. Ted Cruz’s criticism of the maps as a Democratic gerrymander with the words: “You all started it and we fucking finished it.”

"While we await the full facts of the investigation, it must be acknowledged that this FBI raid occurs in the broader context of President [Donald] Trump’s repeated abuse of the Department of Justice to target his perceived political opponents," Rep. Bobby Scott (D-VA) posted on X. 

The FBI has not publicly linked the searches to redistricting. Official statements emphasize only that the probe is ongoing and that there is no threat to public safety.

https://www.zerohedge.com/political/fbi-raids-office-and-cannabis-dispensary-virginia-state-sen-l-louise-lucas

Gov-owned groceries in NY, and soon Washington, not going to work, Venezuelan with experience reports

 

by Monica Showalter

A young, Columbia-educated Venezuelan-born economist, Daniel di Martino, explains why in Thomas Sowell-like terms why the idea stinks for New York.

My friend Daniel di Martino, who just got his PhD in economics from Columbia University, is very good at explaining basic economics with Thomas Sowell-like clarity, with the added benefit of checking out what is going on on the ground in New York. He's started making more videos, which is an excellent thing, combining his economic knowledge, his investigative capacity in New York, and his background growing up in Chavista Venezuela, where everything touted as new here has already been done there.

Mayor Zohran Mamdani's bat-brained scheme of government-run groceries, fits right into these talents:

https://www.americanthinker.com/blog/2026/05/video_government_owned_groceries_in_new_york_and_soon_washington_not_going_to_work_a_venezuelan_with_experience_reports.html

Possible new defensive activity noted at Iran’s Pickaxe complex - ISIS

 

New satellite imagery analyzed by the Institute for Science and International Security suggests Iran may have taken fresh “passive defensive measures” at the deeply buried Pickaxe Mountain underground complex south of the Natanz nuclear facility.

According to the institute, imagery from April 22 appears to show the two eastern tunnel portals partially blocked with grey earthen material. Earlier imagery from April 1 showed the entrances unobstructed.

The group said the material does not fully conceal the tunnel entrances but would significantly hinder rapid vehicle access and likely require heavy earth-moving equipment to clear.

The western tunnel portals do not yet appear to have undergone similar modifications, the institute added.

The analysts said the activity raises questions because the underground complex could potentially be used to protect sensitive equipment or materials.

Oscar Health improves margins, membership

 

Oscar Health posts Q1 2026 non-GAAP EPS $2.07 vs $1.06 est, revenue $4.65B vs $4.91B est, improves margins, membership

  • Q1 2026 revenue $4.65B rose 55% YoY and non-GAAP EPS $2.07 increased 125% YoY.
  • Company reaffirmed its full-year 2026 guidance alongside the Q1 2026 earnings release.
  • In Q1 2026, Oscar Health reported improved medical and SG&A ratios, supporting better overall expense and margin performance.

Perrigo reaffirms guidance

 

Perrigo Q1 2026 non-GAAP EPS $0.43 (-28% YoY) beats estimates, revenue $969.2M (-7% YoY) misses, 2026 outlook reaffirmed

  • Company reported All In adjusted diluted EPS of $0.43 on approximately $969M in sales.

NYPD releases images of punks who vandalized Jewish sites, homes with Nazi graffiti

 Authorities blasted out images of four punks who allegedly scrawled Nazi graffiti across five locations in Queens as religious leaders called the antisemitic crime spree “hatred directed against all of us.”

Footage released by the NYPD Tuesday showed four young men in baggy clothes walking down a street during their hateful vandalism that targeted two Jewish sites, two homes and a parked car.

The unnerving graffiti was reported predawn Monday into early morning with a woman even startled out of bed thanks to a loud noise around 1:30 a.m. when vandals spray painted a swastika on her window, cops revealed.

The NYPD is searching for four suspects.DCPI

At around the same time, one of the unidentified suspects targeted Congregation Machane Chodosh and drew a swastika on the synagogue’s front-facing wall.

Other antisemitic graffiti was plastered on the Rego Park Jewish Center around 1:15 a.m. and a 54-year-old male resident found a swastika on his garage door around 9 a.m. when he got home, police said.A 68-year-old man said he found the Nazi graffiti on his car around 8:30 a.m. after parking the vehicle there the night before.

The hunt for the four perps comes as the city’s Commission on Religious Leaders decried the display of hate.

The display of hate was put on a garage door of a Queens home.

“Hatred against our Jewish brothers and sisters, indeed, hatred directed at any people, is hatred directed against all of us,” commission chair Archbishop Ronald Hicks said in a joint statement with commission president Rev. AR Bernard Sr. and vice president rabbi Joseph Potasnik. 

“Such acts violate the sacred teachings at the heart of our faith traditions,” the statement said. “Vandalism of houses of worship fueled by antisemitism, or by any other form of religious hatred, is an assault on our shared humanity and a desecration of all that is holy.”

Congregation Machane Chodosh was targeted.

The vandalism spree has also prompted a chorus of outrage from New York pols, including Mayor Zohran Mamdani, City Council Speaker Julie Menin and Gov. Kathy Hochul.

The NYPD’s Hate Crime Task Force is probing the incidents.

Anyone with information on the four suspects and incidents can call the NYPD’s Crime Stoppers Hotline at 1-800-577-8477 or for Spanish, 1-888-577-4782.

https://nypost.com/2026/05/06/us-news/nypd-releases-images-of-punks-who-vandalized-jewish-sites-homes-with-nazi-graffiti/