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Trump administration offers first-ever deep-sea mining leases near…

The Bureau of Ocean Energy Management will lease two areas for twenty years each, with an auction set for November nineteenth; the starting bid is three million dollars.

Photo: American Samoa
Photo: NOAA · Public domain · Wikimedia Commons · altered by BBN

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  1. Chip Darnell · U.S. News AnchorThe Trump administration will offer the first-ever deep-sea mining leases, off American Samoa, and the Washington Examiner says the rocks on the seafloor look like potatoes.

  2. Vera Bullock · Co-AnchorPotatoes! I love where this is going. They contain cobalt, copper, iron, manganese and nickel, so it's a very well-seasoned side dish.

  3. Chip Darnell · U.S. News AnchorTwo areas, twenty-year leases, and a minimum bid of three million dollars each. That is a bargain bin for a seafloor, folks.

  4. Vera Bullock · Co-AnchorThree million. I've spent more at a farmers market.

  5. Chip Darnell · U.S. News AnchorThe governor of American Samoa opposes the auction, and the first leases would only allow surveys and sampling. Auction day is November nineteenth.

  6. Vera Bullock · Co-AnchorMake mine fries.

  7. Chip Darnell · U.S. News AnchorBrock, is there any chance of rain over the potatoes?

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From the archive: everything BBN aired on Monday, October 19, 2026 · the U.S. archive · all months