Executive Order

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Unleashing America's Offshore Critical Minerals and Resources

AI Summary: This is a policy document - specifically an Executive Order signed by the President regarding offshore critical minerals and resources. This regulation establishes a comprehensive policy framework for developing and accessing seabed mineral resources in the United States. The order directs multiple federal agencies to expedite processes for exploring, licensing, and developing critical mineral resources found in offshore areas, including the Outer Continental Shelf and international waters. The regulation defines seabed mineral resources broadly to include polymetallic nodules, ferromanganese crusts, sulfides, and other mineral-bearing materials, with a focus on strategic minerals like nickel, cobalt, copper, manganese, titanium, and rare earth elements. Key actions include streamlining permitting processes, supporting scientific mapping and technology development, enhancing coordination between federal agencies, establishing global leadership in responsible seabed mineral exploration, creating domestic supply chains for critical minerals, and strengthening partnerships with allies to counter foreign influence in mineral resource development. The order requires various agency reports and plans within 60 days, covering areas such as private sector opportunities, mineral processing capacity, international partnerships, and potential storage and procurement strategies for these critical minerals.