EO 14285
Unleashing America's Offshore Critical Minerals and Resources
Energy & EnvironmentEconomy & TradeNational Security
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Summary
This executive order directs federal agencies to accelerate the development of seabed mineral resources in U.S. waters and beyond national jurisdiction. The order aims to streamline permitting processes for exploration and mining of critical minerals like cobalt, nickel, and rare earth elements while establishing U.S. global leadership in seabed mineral extraction technology and supply chains.
Key Points
- 1Directs the Secretary of Commerce to expedite seabed mineral exploration licenses and commercial recovery permits under the Deep Seabed Hard Mineral Resources Act within 60 days
- 2Instructs the Secretary of the Interior to establish expedited permitting processes for seabed mineral development on the U.S. Outer Continental Shelf under the Outer Continental Shelf Lands Act
- 3Requires mapping of priority seabed areas and assessment of private sector opportunities for mineral extraction and processing capacity
- 4Aims to reduce U.S. dependence on foreign suppliers for critical minerals essential to defense, infrastructure, and energy sectors
- 5Establishes coordination among federal agencies and partnerships with allies to counter Chinese influence over seabed mineral resources
This summary is for informational purposes only. It may not capture all nuances of the executive order. Always refer to the official text for authoritative information.
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