The application, submitted through the Company’s US subsidiary, American Ocean Minerals Corp. (American Ocean Minerals), seeks an exploration license for polymetallic nodules in a defined area of the Clarion-Clipperton Zone in the Pacific Ocean. The submission includes technical, environmental, and operational information required under NOAA’s regulations, including baseline environmental data, proposed monitoring, and mitigation measures, and a description of planned exploration activities with associated expenditures.
“This submission represents an initial step in the regulatory process under DSHMRA,” said James Deckelman, Chief Executive Officer of Deep Sea Minerals Corp. “We have structured the application to align with NOAA’s requirements and to outline a phased approach that includes environmental data collection and ongoing evaluation. We look forward to NOAA’s review and to engaging as part of that process.”
The application outlined a staged program of activities, beginning with further data collection and environmental assessment to inform any future operations. Any exploration activities would be subject to applicable regulatory approvals and conditions.
NOAA will conduct a review of the application for completeness and compliance with applicable statutory and regulatory requirements. The review process includes opportunities for public comment and interagency consultation.