USA - The United States Moves Towards Exploration and Exploitation of Critical Mineral Resources in the Deep Ocean.
Since the signing of the UN Convention on the Law of the Sea and the creation of the International Seabed Authority, the United States of America has been a shadow partner in the growing deep-sea mining industry.
Though the United States provides scientific and technical expertise, and is a de facto participant through American-owned subsidiaries incorporated in sponsoring states, the nation with the world’s second largest exclusive economic zone never ratified the core treaties and thus has limited influence at negotiations.
While the United States made significant contributions to the early development of the industry, it has been largely inactive since the mid 1980’s, focusing instead on its offshore fossil fuel resources and leaving critical minerals in the deep ocean largely untouched. Within the US EEZ surrounding the country’s Pacific territories, in particular, a push for large, remote marine protected areas in the form of the Pacific Remote Islands Marine National Monument, Rose Atoll Marine National Monument, Marianas Trench Marine National Monument, and Papahānaumokuākea Marine National Monument, deep-sea mining has been effectively prohibited.
The United States continues to assert claims over two large lease blocks in the Clarion-Clipperton Zone, citing existing precedent from prior to the ISA’s creation, though no recent attempts have been made to exploit those blocks. The ISA, for its part, continues to hold those lease blocks in reserve, should the US eventually join all but a few nations who have ratified the Law of the Sea.