Companies ‘coming out of the woodwork’ to probe seas for minerals

By Hannah Northey | 03/23/2026 01:13 PM EDT

At least three more companies are asking NOAA for permission to explore the Pacific for minerals. Critics say the agency is being reckless.

A wave crashes on Anna Maria Island, Florida.

Companies are vying for the chance to mine the ocean floor. Brett Meliti/Unsplash

New mineral companies are lining up to ask the Trump administration for permission to explore international waters in the Pacific Ocean for mineral-rich nodules.

American Metal Resources and SeaX are asking NOAA for approval to probe the Clarion-Clipperton Zone, an area of the Pacific that covers 65,000 square kilometers — about the size of West Virginia — for nodules containing minerals like cobalt, nickel and lithium, according to a Federal Register notice posted Monday.

Both companies are subsidiaries of American Metal Resources, according to the notice. NOAA did not immediately respond when asked for details.

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The Trump administration is pushing to boost domestic mining on land and at sea while moving to create a U.S.-led trading bloc to rival China and establishing an industry-led $12 billion stockpile. But the effort has drawn the ire of environmental groups and jarred members of the International Seabed Authority, a global authority that’s been struggling for years to craft safeguards.

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