Odyssey Marine Exploration Seeks BOEM Approval for Offshore Critical Minerals Lease

Reuters11-07

Odyssey Marine Exploration Seeks BOEM Approval for Offshore Critical Minerals Lease

Odyssey Marine Exploration Inc., a U.S.-based ocean exploration company, has announced that it has submitted an Unsolicited Request for Lease Sale of Marine Mineral Exploration and Development Rights to the U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM). This request, one of the first of its kind under the Outer Continental Shelf Lands Act (OCSLA) of 1953, is currently under regulatory review by BOEM. If approved, Odyssey plans to begin comprehensive environmental and geological studies as part of its project to responsibly assess and potentially recover critical minerals from U.S. waters. No grant or funding has been announced at this stage, and the regulatory process is ongoing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Odyssey Marine Exploration Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251107572663) on November 07, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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