Trump administration may sell deep-sea mining leases at startup’s urging
techcrunch.comPublished: 5/21/2025
Summary
The U.S. Department of the Interior has begun evaluating deep-sea mining leases following Impossible Metals' application. These resources are vital for national security and economic growth but could disrupt fragile underwater ecosystems over decades due to extraction methods that may be less disruptive than others, yet still pose risks to marine life. The process involves a formal review with public feedback before any sales proceed.