The Department of the Interior (DOI) is adopting new policies to speed up the exploration and development of critical minerals located offshore to strengthen U.S. supply chains and protect the United States’ energy, security, and tech needs, the agency said in a June 25 statement.
Critical minerals, as determined by the secretary of the interior, include minerals such as aluminum, chromium, cobalt, gallium, iridium, magnesium, neodymium, nickel, palladium, platinum, vanadium, and zinc.