American Samoa Seabed Minerals Up for First-Ever Auction
Published Date: 7/17/2026
Notice
Summary
The government is getting ready to offer mineral leases off the coast of American Samoa and just shared the plan for this big sale. The local governor has 60 days to give feedback, and the sale is set for November 19, 2026, with details on costs and rules for bidders. This means companies interested in mining can start preparing to join the auction soon!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Proposed Leasing Notice lists financial terms
BOEM published the Proposed Leasing Notice (PLN) for the American Samoa OCS Pacific Mineral Lease Sale 1 (PACM-1). The PLN describes the sale’s size, timing, and location and gives potential lessees information about clauses and lease terms such as minimum bids, royalty rates, and rental rates.
Sale date and comment deadline set
BOEM proposes to hold the PACM-1 mineral lease sale on November 19, 2026, and will publish the Final Leasing Notice at least 30 days before that sale. The Governor of American Samoa has until September 15, 2026 to submit comments on the Proposed Leasing Notice.
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Key Dates
Department and Agencies
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