Why Washington Is Focusing on Seabed Minerals

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Dear Reader,

Geopolitical tensions have increasingly highlighted the importance of secure mineral supply chains.

Several materials used in advanced defense technologies — including rare earth elements, nickel, and cobalt — play an important role in aircraft systems, naval vessels, and other modern military equipment.

In recent years, export restrictions and supply chain disruptions have prompted policymakers to examine alternative sources for these critical minerals.

Executive Order 14285 identified seabed minerals as a national security priority and directed federal agencies to review how permitting frameworks for seabed resource exploration may be modernized.

The National Oceanic and Atmospheric Administration (NOAA) has since begun evaluating ways to streamline parts of the permitting process.

Around the same time, a small publicly traded company outlined a strategy focused on seabed mineral exploration.

With a market capitalization of roughly C$26 million, the company is positioning itself as an early-stage participant in a sector that some policymakers and industry analysts believe could play a role in future mineral supply chains.

Industry research suggests that polymetallic nodules located in certain areas of the Pacific Ocean may contain significant quantities of nickel, cobalt, copper, and manganese — metals used in defense systems, batteries, and industrial manufacturing.

Investors interested in the evolving discussion around critical mineral supply chains and seabed resources can review the full strategic briefing below.

Read the Full Strategic Briefing

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