Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Trump administration may sell deep-sea mining leases at startup’s urging | TechCrunch

May 21, 2025 - techcrunch.com
The U.S. Department of the Interior is initiating the process of selling deep-sea mining leases following a request from the startup Impossible Metals. The leases would allow for mineral extraction in waters offshore American Samoa. The procedure involves public feedback and a federal register publication before any sales are finalized. Interior Secretary Doug Burgum emphasized the importance of critical minerals for national resilience and security, suggesting that the lease sale is likely. Impossible Metals has developed an underwater autonomous vehicle designed to collect polymetallic nodules with minimal disruption to the ecosystem, claiming it is less invasive than competitors' methods.

Polymetallic nodules, rich in minerals like manganese, cobalt, and nickel, are in high demand due to global electrification and China's market dominance. However, ecologists warn that mining these nodules could harm fragile deep-sea ecosystems, with recovery potentially taking decades. A study indicated that microbial communities might need 50 years to recover from mining impacts. Additionally, the nodules contribute to oxygen production, which could aid in extraterrestrial research. Concerns remain about the environmental impact of sediment plumes and the direct harm to deep-sea life from mining activities.

Key takeaways:

  • The U.S. Department of the Interior is starting the process of selling deep-sea mining leases after a request from startup Impossible Metals.
  • Impossible Metals has developed an underwater autonomous vehicle that collects polymetallic nodules with robotic claws, claiming it is less disruptive than competitors' methods.
  • Polymetallic nodules contain high concentrations of critical minerals like manganese, iron, cobalt, nickel, and copper, which are in high demand as the world electrifies.
  • Ecologists and oceanographers warn that deep-sea mining could disrupt fragile ecosystems, with potential long-term impacts on microbial communities and marine life.
View Full Article

Comments (0)

Be the first to comment!