Shares of Metals Company (TMC) jumped Monday after the Wall Street Journal reported that deep-sea mining has the backing of the Trump administration. In April, five days after Trump’s executive order was issued, Metals Company applied for permits to conduct deep-sea exploration and mining in the Clarion-Clipperton Zone, the Journal points out. Shares of Metals Company closed Monday up 22%, or 81c, to $4.45.
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