US Fast-Tracks Deep-Sea Mining
Analysis based on 6 articles · First reported May 21, 2026 · Last updated May 22, 2026
The push by the United States>>> to fast-track deep-sea mining permits could create a new industry, potentially boosting companies like The Metals Company>>> and Odyssey Marine Exploration>>>. However, skepticism about economic viability and processing challenges could temper investor enthusiasm, especially given the lack of domestic processing facilities and potential international legal issues.
The United States>>> is rapidly advancing efforts to establish a deep-sea mining industry following an April 2025 executive order by Donald Trump>>>. This initiative aims to secure critical minerals like manganese, copper, nickel, and cobalt, reducing reliance on countries like China>>>. Federal agencies, including United States — National Oceanic and Atmospheric Administration>>> and United States — Bureau of Ocean Energy Management>>>, are expediting permitting processes, with plans for lease sales in US waters from American Samoa to Alaska. Several companies, such as The Metals Company>>>, Odyssey Marine Exploration>>>, and Impossible Metals>>>, are seeking permits. Despite the regulatory push, analysts and investors, including Brian Lang>>> and Steven Emerman>>>, express skepticism about the economic viability and environmental impact of deep-sea mining. Challenges include the lack of domestic processing facilities and potential legal issues with the International — International Seabed Authority>>> if foreign partners assist US companies.
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