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VIRGINIA: Comment period closes on proposed Virginia offshore mineral lease

August 26, 2026 — The public comment period has closed on a proposal that could lead to commercial mineral leasing in federal waters off Virginia’s Eastern Shore.

The Bureau of Ocean Energy Management accepted comments through Aug. 22 on a request for information and interest covering about 1.77 million acres, or 2,764 square miles, of the Outer Continental Shelf. The area lies three to 63.5 miles off the Delmarva Peninsula, seaward of Accomack and Northampton counties, in water depths ranging from approximately 30′ to 410′.

The proceeding is an early planning step and does not authorize exploration, dredging or mineral production. BOEM will use the submissions to determine whether to identify areas for possible leasing and begin an environmental review. Any lease would be awarded through a competitive process rather than directly to the company that initiated the request.

Odyssey Marine Exploration, Tampa, Fla., submitted the unsolicited lease-sale request in November 2025. The company is interested in exploring for heavy mineral sands containing titanium-bearing minerals, zirconium-bearing minerals and rare earth element-bearing minerals, including monazite. Odyssey has a collaboration agreement with Great Lakes Dredge & Dock Corp., Houston, which would serve as the dredging contractor if the project advances.

Unlike proposed mining projects targeting polymetallic nodules in deep ocean basins, the Virginia proposal involves comparatively shallow continental shelf deposits that Odyssey says could be recovered using conventional dredging and mineral-processing equipment.

Read the full article at National Fisherman

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