H.R. 3803: EO 14285 Act of 2025

This bill, titled the EO 14285 Act of 2025, aims to make an existing executive order official law. Specifically, it focuses on codifying Executive Order 14285, which addresses the development of seabed mineral resources. In simpler terms, this means that the provisions in the executive order, which are related to extracting important minerals and resources found on the ocean floor, would now be legally enforced.

Key Provisions

• Resource Development: The bill encourages the exploration and development of critical minerals located on the seabed, which could include materials used in technology, energy, and construction.
• Legal Authority: It gives legal backing to the policies outlined in the executive order, ensuring that these initiatives can be implemented and regulated under U.S. law.
• Regulatory Framework: By codifying the executive order, the bill helps establish a clearer regulatory framework for companies that want to engage in seabed mineral extraction.
• Environmental and Economic Considerations: The bill does not inherently involve additional environmental protections or economic incentives, but it signals a government interest in fostering domestic resource development.

Committee Oversight

The bill has been referred to the Committee on Natural Resources, along with several other committees, indicating that multiple aspects of the legislation will be reviewed concerning natural resources, defense, foreign relations, and financial implications.

Impact on Industries

While the bill encourages seabed mineral resource development, it could potentially impact industries involved in mining, technology, and construction materials sourcing. Companies interested in or currently engaged in seabed exploration or marine resource management may be particularly affected.

Relevant Companies

• FCX (Freeport-McMoRan Inc.): As a major player in the mining industry, particularly for copper and gold, Freeport-McMoRan may look into seabed resources as an additional avenue for mineral extraction.
• BA (Boeing Co.): Boeing has an interest in sustainable materials for aerospace applications, which might extend to minerals sourced from the seabed, particularly for battery production and other high-tech applications.
• NEM (Newmont Corporation): As one of the world's largest gold mining companies, Newmont could explore opportunities related to seabed mineral extraction to diversify their resource base.
• TECK (Teck Resources): This company is involved in mining and metals and may seek to capitalize on new sources of minerals from the ocean floor.