⛏️Executive Order to Enhance U.S. Leadership in Offshore Minerals
Unleashing America's Offshore Critical Minerals and Resources
Summary
Executive Order 14285 outlines U.S. policy for the rapid development of seabed mineral resources, highlighting the need for responsible exploration, enhanced technology, and secure supply chains. It aims to strengthen the national economy and reduce reliance on foreign mineral supplies through streamlined processes and international partnerships for critical minerals extraction and processing.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
The order emphasizes the acceleration of seabed mineral resource development and streamlining permits, indicating potential regulatory changes that could positively impact businesses involved in exploration, processing, and supply chains for critical minerals. It specifically mentions expediency for American companies, suggesting new opportunities for investment and collaboration.