The territorial waters surrounding the United States contain vast quantities of hard mineral resources. Some, such as sand and gravel in the New York Bight, Beaufort Sea, portions of southern California, and submerged lands near Hawaii are relatively well known and characterized by local need and immediate mining potential with available technology. Commoditie of interest to industry and having nearterm economic potential that might require new or innovative technology, inlcude phosphorites such as those in the south eastern Atlantic margin, and manganese nodules on the Blake Plateau (which have potential for catalyst material, manganese, cobalt, nickel, and platinum). Commodities having significant potential, but which are poorly known and which may require innovative recovery technology, include chrome, gold, platinum, and tin placer deposits, with special emphasis on the continental margins of northern California, Oregon, Washington, and Alaska; rock salt and evaporite minerals in the Gulf of Mexico and Atlantic; titanium and other heavy minerals in the Atlantic continental margin, and calcium carbonate. A. U.S. Department of the Interior moratorium on offshore leasing in federal waters has existed since 1968. Leasing and regulatory systems will be required to begin commercial mining or intensive exploration of the above resources
