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flag A U.S. company is developing an ultra-deepwater system to harvest rare minerals by 2028, backed by a federal executive order and deepwater expertise.

flag Deep Sea Rare Minerals, Inc. has launched a Front-End Engineering and Design (FEED) project with a consortium led by Oil States International to develop an ultra-deepwater system for harvesting polymetallic nodules, aiming to become extraction-ready by 2028. flag The effort, aligned with a 2025 executive order promoting offshore critical minerals, leverages Oil States’ deepwater expertise, including a world record for a 4,500-meter riser. flag The collaboration involves U.S.-allied subcontractors and focuses on advancing responsible, environmentally sound technology for domestic mineral supply chains supporting renewable energy and national security.

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