What are Critical Minerals?

Understanding Critical Minerals

Essential Resources.
Emerging Opportunities.

Critical minerals are the building blocks of modern industry. From smartphones and advanced electronics to energy infrastructure, aerospace technologies, and national defense systems, these materials play an essential role in the products and technologies that power today’s economy.

Minerals are considered critical when they are essential to economic or national security and their supply chains are vulnerable to disruption. These resources include materials such as nickel, cobalt, copper, manganese, lithium, and rare earth elements, among others.

As global demand for advanced technologies and manufactured products grows, securing reliable access to critical minerals has become an increasingly important priority for governments, industries, and investors.

Materials Shaping
Modern Industry
From the ocean floor to the technologies of tomorrow.
NICKEL COBALT COPPER MANGANESE LITHIUM RARE EARTHS
The ocean represents a potentially significant, yet still largely unexplored, source of these essential materials.
01 / Ocean Resources

Critical Minerals Beneath the Ocean

The world’s oceans contain a diverse range of mineral resources, including deposits found across the seafloor, on underwater mountains, and near hydrothermal vents.

Some of these deposits contain combinations of minerals used in batteries, electronics, industrial manufacturing, and advanced technologies.

Three of the most widely studied deep-ocean mineral deposits include:

Illustration of polymetallic nodules resting on the deep ocean floor
DEPOSIT TYPE 01

Polymetallic Nodules

Found primarily across deep abyssal plains, polymetallic nodules are naturally occurring formations that contain combinations of manganese, nickel, copper, and cobalt. These deposits develop over millions of years and rest on the ocean floor.

Mn Ni Cu Co
Illustration of cobalt-rich mineral crusts on an underwater mountain
DEPOSIT TYPE 02

Cobalt-Rich Ferromanganese Crusts

These mineral-rich layers form on the hard surfaces of underwater mountains and ridges. They can contain cobalt, manganese, nickel, and other valuable elements, including certain rare earth elements.

Co Mn Ni REEs
Illustration of a hydrothermal vent releasing mineral-rich fluids
DEPOSIT TYPE 03

Seafloor Massive Sulfides

Associated with hydrothermal activity, these deposits form when mineral-rich fluids interact with cold seawater. They can contain copper, zinc, and other metals used in industrial and technological applications.

Cu Zn
Understanding the location, composition, accessibility, and environmental characteristics of these deposits is an important part of evaluating their potential.
02 / Industrial Applications

Why Critical Minerals Matter

Critical minerals support industries that are fundamental to economic growth, technological innovation, and national security.

Advanced Manufacturing & Technology

Critical minerals are essential components in semiconductors, electronics, industrial equipment, and precision manufacturing systems.

Energy & Infrastructure

Minerals such as copper, nickel, lithium, and manganese support energy generation, transmission, storage, and the infrastructure needed for modern energy systems.

National Security & Supply Chain Resilience

Reliable mineral supply chains are important to defense technologies, aerospace systems, communications equipment, and the industrial capabilities that support national security.

Transportation & Maritime Industries

From advanced batteries and electric motors to specialized alloys and marine equipment, critical minerals enable technologies used across transportation and maritime operations.

As demand evolves, diversifying sources of critical minerals and strengthening supply chain resilience will remain important considerations for industries around the world.

03 / The Emerging Industry

An Emerging Ocean Industry

Exploring the potential of ocean critical minerals requires far more than identifying mineral deposits.

It calls for specialized vessels, advanced robotics, subsea engineering, environmental monitoring, geological surveying, processing technologies, and sophisticated offshore operations.

01 Specialized Vessels
02 Advanced Robotics
03 Subsea Engineering
04 Environmental Monitoring
05 Geological Surveying
06 Processing Technologies

Many of these capabilities already exist across the broader maritime economy. The expertise developed through offshore energy, marine construction, ocean science, and subsea technology could play an important role in advancing the industry’s understanding and technical readiness.

At the same time, significant questions remain surrounding environmental impacts, regulatory frameworks, technological feasibility, and commercial viability.

Key Questions Facing the Emerging Sector

Environmental Impacts

Understanding potential impacts requires rigorous science, environmental monitoring, and responsible planning.

Regulatory Frameworks

Clear regulatory frameworks and informed stakeholder engagement are important considerations for the sector’s development.

Technological Feasibility

Continued innovation in subsea engineering, robotics, and offshore operations will be important in evaluating technical readiness.

Commercial Viability

Evaluating accessibility, processing requirements, and commercial potential remains an important part of understanding the sector’s future.

Addressing these challenges will require rigorous science, responsible planning, continued innovation, and collaboration among stakeholders with diverse expertise.

04 / Cross-Sector Collaboration

Connecting the Expertise to Move Forward

The future of ocean critical minerals will be shaped by the organizations and individuals working to understand both the opportunities and the challenges of this emerging sector.

The Ocean Critical Minerals Forum creates a dedicated platform for these conversations, connecting industry leaders, researchers, technology developers, policymakers, and businesses from across the ocean mineral value chain.

Through industry-led programming and cross-sector collaboration, the Forum provides an opportunity to exchange knowledge, examine emerging technologies, explore commercial possibilities, and contribute to informed discussions about the future of ocean mineral resources.

The resources may lie beneath the surface. The expertise to understand their potential spans industries around the world.