Deep Sea Rare Minerals

What Deep Sea Rare Minerals does

Deep Sea Rare Minerals, Inc. is a Delaware-incorporated, privately held mineral exploration company headquartered in Mt. Pleasant, South Carolina, focused on subsea critical mineral resource development. Founded in 2025, the company targets polymetallic nodule deposits containing cobalt, nickel, and manganese in U.S. waters, including the Central Pacific, waters near Guam, and the Alaskan Outer Continental Shelf. Its core products center on subsea critical mineral exploration services, a polymetallic nodule collection system currently in the engineering and design phase following a completed Pre-FEED study, and pursuit of commercial mineral leasing rights through NOAA and BOEM regulatory frameworks.

The company's go-to-market is dual-pronged: enterprise engagement with U.S. federal regulators (NOAA for exploration licensing, BOEM for commercial recovery) and strategic co-development with The Metals Company USA via a non-binding MoU covering joint nodule processing and offshore exploration. Its primary end-customer orientation is the U.S. government and national security supply chain, with secondary use cases in agriculture and forestry (fertilizers, precision farming inputs). Revenue mechanics remain undefined; the company has no publicly disclosed pricing and is positioned for future extraction-and-sale of critical minerals, with sector benchmarks suggesting break-even only in the eighth year of commercial mining.

Leadership is founder-driven, with Anthony Romeo as CEO and Director and Craig Wallace as Executive Officer, Director, and Promoter per the January 2026 SEC Form D filing. The company completed a $5,000,000 exempt equity offering under Rule 506(b) from a single undisclosed investor and operates with 1-10 employees. Exploration and sampling activities are planned for 2026, with regulatory milestones already secured including NOAA's full compliance determination for its subsea mineral exploration license application.

Name

Deep Sea Rare Minerals

Legal name

Deep Sea Rare Minerals, Inc.

Website

https://deepsearareminerals.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Deep Sea Rare Minerals is a U.S. mineral exploration company developing subsea polymetallic nodule resources containing cobalt, nickel, and manganese. It pursues NOAA and BOEM exploration and commercial recovery licenses in Central Pacific, Guam, and Alaskan waters to support domestic critical mineral supply chain independence.

Ownership category

akta.pro rank

Product category

Deep-Sea Mineral Exploration

NAICS

Other Metal Ore Mining (21229), Copper, Nickel, Lead, and Zinc Mining (212230)

SIC

Metal Mining (1000), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

akta.pro secondary industry

Rare Earths Mining & Concentrates (REE Ores) (IMAKAFAG)

Keywords

• Deep-sea mineral exploration
• Polymetallic nodule collection
• Subsea critical minerals
• Offshore mineral extraction
• Marine mining services

Headquarters

HQ city

Mt Pleasant

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Others

Revenue model

1. Deep-Sea Mineral Extraction and Sales: Revenue expected from extraction and sale of critical minerals (polymetallic nodules containing cobalt, nickel, manganese) from deep-sea deposits. Industry analysts question profitability, with The Metals Company's pre-feasibility study projecting break-even only in eighth year of commercial mining.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Deep Sea Rare Minerals, Inc. is a privately held mineral exploration company focused on subsea critical mineral resources, particularly polymetallic nodules containing cobalt, nickel, and manganese. The company develops deep-sea mineral exploration and extraction capabilities in U.S. waters, including the Central Pacific, near Guam, and near Alaskan waters, leveraging NOAA and BOEM regulatory frameworks. It is advancing a proprietary polymetallic nodule collection system through engineering phases and pursuing commercial recovery licensing.

Product overview

Deep Sea Rare Minerals, Inc. is a Delaware-incorporated company headquartered in Mt. Pleasant, South Carolina, focused on deep-sea critical mineral exploration and extraction. The company operates a portfolio of exploration activities including subsea critical mineral exploration in the Central Pacific and near Guam, development of a polymetallic nodule collection system, and commercial mineral leasing rights near Alaskan waters. The company has also entered into a Memorandum of Understanding with The Metals Company USA to explore collaboration opportunities including polymetallic nodule processing and offshore exploration.

Differentiator

Problem solved

Functional benefit

Products and services

• Subsea Critical Mineral Exploration Services
• Polymetallic Nodule Collection System
• Alaskan Waters Mineral Leasing Rights

Quantifiable outcome

• Priority rights for exploration in Central Pacific and near Guam waters
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• The Metals Company USAcoreStrategic or Co-development Partner · 2 April 2026Deep Sea Rare Minerals, Inc. and The Metals Company USA signed a non-binding Memorandum of Understanding (MoU) to explore collaboration opportunities in the U.S. deep-sea critical minerals sector. The framework covers potential polymetallic nodule processing and offshore exploration. Joint activities depend on due diligence, regulatory approvals, and technical feasibility, aiming to build a domestic supply chain for critical metals.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Impossible Metals: Impossible Metals is an emerging U.S.-based deep-sea mining technology company developing autonomous nodule collection systems. It is comparable as an emerging player focused on collection technology innovation in the deep-sea critical minerals space.

Direct peers

• Blue Minerals Jamaica: Blue Minerals Jamaica secured a 30-year polymetallic nodule exploration license in Jamaican waters. It is a direct peer operating in the same nodule resource category with comparable licensing-based business models.
• Loke Marine Minerals: Loke Marine Minerals acquired UK Seabed Resources' polymetallic nodule assets and continues exploration activities in the Pacific. It is a direct peer in deep-sea nodule exploration and resource development.
• UK Seabed Resources: UK Seabed Resources (formerly a Lockheed Martin subsidiary) held exploration rights for polymetallic nodules in the Clarion-Clipperton Zone. It is a direct peer in deep-sea nodule exploration and licensing strategy.
• Global Sea Mineral Resources (GSR): GSR is a DEME Group subsidiary developing technology for deep-sea polymetallic nodule collection in the Clarion-Clipperton Zone. It is a direct peer given its focus on the same mineral commodity and collection methodology as Deep Sea Rare Minerals.
• The Metals Company: The Metals Company is the leading publicly-traded deep-sea mineral exploration company focused on polymetallic nodule collection in the Clarion-Clipperton Zone. It is Deep Sea Rare Minerals' strategic MoU partner and represents the most direct comparable given shared focus on U.S. critical mineral supply chains and nodule collection technology.
• Allseas: Allseas developed the Hidden Gem nodule collection vessel for The Metals Company and is a key engineering contractor in deep-sea mining. It represents a direct peer in nodule collection system engineering and offshore deployment capabilities.

Regional players

• Marawa Research and Exploration: Marawa Research and Exploration is the Cook Islands entity pursuing deep-sea mineral exploration in the Central Pacific. It is a regional peer given overlapping Pacific operating geography and shared focus on securing exploration rights in the region.

Broad incumbents

• Eramet: Eramet is a major French mining and metallurgy company with deep-sea nodule exploration interests through its subsidiary in the Clarion-Clipperton Zone. It is a broad incumbent given its larger scale and diversified mining portfolio while operating in the same nodule space.
• Cobalt Blue Holdings: Cobalt Blue Holdings is an Australian company focused on cobalt and critical mineral production, including downstream battery materials. It is a broad incumbent in the critical minerals space serving overlapping end markets for cobalt and nickel that Deep Sea Rare Minerals targets.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Deep Sea Rare Minerals