Deep Sea Minerals begins work with NOAA

Executive Summary

• Deep Sea Minerals Corp. has initiated engagement with the National Oceanic and Atmospheric Administration (NOAA) to advance its intention to submit a comprehensive application for deep-seabed mineral resource development under the U.S. regulatory framework.
• The company views this as a critical procedural step to position itself within the U.S. jurisdiction, citing the pathway as transparent, rigorous, and predictable for responsible deep-seabed development.
• The company remains focused on exploring critical deep-sea mineral resources (polymetallic nodules) essential for energy transition, national security, and advanced manufacturing, while also conducting early-stage engagement with governments in the Pacific Ocean region.

Key Details

• Regulatory Engagement: Initiated formal engagement with NOAA regarding the submission of a comprehensive application for deep-seabed mineral resource development.
• Strategic Intent: The move is intended to advance the company through the U.S. jurisdictional process for deep-seabed mineral development.
• CEO Commentary: CEO James Deckelman stated the action demonstrates commitment to the operational plan and positioning in high-quality critical mineral assets within the U.S. regulatory framework.
• Company Focus: Exploration and potential development of critical deep-sea mineral resources, specifically polymetallic nodule systems containing metals relevant to defense, industrial manufacturing, clean energy, advanced electronics, and AI supply chains.
• Additional Activities: Commenced early-stage engagement with selected governments and regulatory bodies in the Pacific Ocean region to assess pathways for future exploration initiatives.
• Commitments: The company emphasizes environmental stewardship, scientific collaboration, and compliance with all applicable laws and regulatory standards.

Notable Quotes

• "This is a clear demonstration of commitment to our operational plan, specifically to position the company in high-quality critical mineral assets within the United States regulatory framework," said James Deckelman, chief executive officer of Deep Sea Minerals.
• "We believe the U.S. jurisdiction provides a transparent, rigorous and predictable pathway for responsible deep-seabed mineral development. We look forward to engaging constructively with NOAA throughout the application and review process."