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Posts Tagged ‘Odyssey Marine’

BOEM kicks off process for Virginia OCS minerals sale

Posted in deep sea mining, energy policy, Offshore Energy - General, tagged , , , , , , , , , on December 15, 2025| Leave a Comment »

Heavy mineral geodatabase showing marine samples offshore of Virginia. A: 620 samples with heavy mineral data from previous projects, symbol colors determined by the percent of total heavy minerals (THM) obtained through gravity spiral separation methods. B: M21AC00010 samples (indicated with white halo) from Sandbridge Shoal and Atlantic Channel vibracores for THM and mineralogical analyses.

The Bureau of Ocean Energy Management (BOEM) has initiated the process for a potential mineral lease sale in Federal waters off Virginia. BOEM’s action is in response to a request by Odyssey Marine for a critical minerals sale.

Odyssey’s primary targets are phosphate, which is now on the critical minerals list, and rare earth element’s titanium and zirconium. This would be a shelf dredging operation, in partnership with Great Lakes Dredge & Dock Company, rather than the deepwater module collection being proposed for the Pacific.

The fact that the sand recovered during the dredging process could be used for beach nourishment should appeal to adjacent coastal communities.

Odyssey Marine’s CEO discusses the proposed Virginia offshore program starting at the 4:00 minute mark in the video below.

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Area identification for marine minerals offshore American Samoa; request for minerals sale in the Atlantic

Posted in energy policy, tagged , , , , , , , , on November 13, 2025| Leave a Comment »

BOEM completed the area identification (outlined in diagram above) for marine minerals offshore American Samoa. The full decision memorandum is attached.

In response to BOEM’s Request for Information, Impossible Metals confirmed their interest in the identified area. Several other companies also expressed interest. The Governor and a number of other parties submitted interesting comments, which are summarized on p. 2 of the attachment.

The first two steps in a process that could ultimately lead to a mineral lease sale have thus been completed. Steps 3 to 6 remain. (See below)

  1. Request for Information and Interest (RFI) published in the Federal Register. complete
  2. Identification of Areas to be considered for leasing. complete
  3. Environmental Analysis for the lease sale.
  4. Proposed Leasing Notice Published in the Federal Register.
  5. Leasing Notice Published in the Federal Register.
  6. Competitive Lease Sale

Meanwhile, Odyssey Marine has requested a critical minerals lease sale in the Atlantic.

The proposed lease area, located within the U.S. outer continental shelf (OCS) off the Mid-Atlantic coast, is highly prospective for heavy mineral sands rich in titanium, zirconium, rare earth elements (REEs), and phosphate.

This would be a shelf dredging operation rather than the deepwater module collection being proposed for the Pacific.

heavy minerals prospects
heavy minerals sand resources
Area ID Memo_American Samoa OCS Minerals_Signed_With_AttachementDownload

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