Shares of TMC the metals company (NASDAQ:[TMC](https://www.investing.com/equities/sustainable-opportunities-acqui)) surged 34% after reports emerged that President Donald Trump is expected to sign an executive order on Thursday aimed at promoting the deep sea mining industry. According to sources cited by Reuters, the order is part of an initiative to develop international deposits of essential minerals such as nickel and [copper](https://www.investing.com/commodities/copper), which are vital for various sectors of the economy, including infrastructure and battery production.
[https://www.investing.com/news/stock-market-news/tmc-the-metals-company-shares-soar-on-deep-sea-mining-prospects-93CH-4002596](https://www.investing.com/news/stock-market-news/tmc-the-metals-company-shares-soar-on-deep-sea-mining-prospects-93CH-4002596)