US President Donald Trump's administration is planning an executive order to allow the stockpiling of critical metals from the Pacific seabed, according to the Financial Times.
Trump has already invoked emergency powers to boost domestic production of critical minerals and reduce reliance on foreign imports, especially from China.
The order would fast-track deep-sea mining applications and create a stockpile of critical metals, including rare earth minerals, giving the US access to its own inventory in case of a conflict with China.
China is the world's largest supplier of rare earth minerals, accounting for almost 70% of global production, according to the US Geological Survey.