Resolution Minerals has appointed Steve Promnitz and Brett Lynch as senior strategic advisers to lead its expansion into the US critical minerals sector. Both executives have a proven track record of generating value across ASX-listed resource companies and bring deep networks and US operational experience. They will support Resolution's OTC and potential NASDAQ strategy, along with risk and stakeholder management, and lead the company's expansion into the US.
Resolution Minerals has appointed Steve Promnitz and Brett Lynch as senior strategic advisers to lead its expansion into the US critical minerals sector. Both executives bring a proven track record of generating value across ASX-listed resource companies and possess deep networks and operational experience in the US. Their appointment coincides with Resolution's plans to pursue an OTC and potential NASDAQ listing, along with managing risks and stakeholder relations.
Promnitz and Lynch will oversee Resolution's strategic initiatives, focusing on risk and stakeholder management, and will lead the company's expansion into the US critical minerals sector. This move comes at a time when the US is actively pursuing deep-sea mining as a strategic resource, aiming to reduce dependency on Chinese mineral dominance [1].
The appointment of Promnitz and Lynch follows the issuance of a groundbreaking executive order by President Trump in April 2025, which expedited US licensing for seabed mining operations [1]. This directive has significantly altered the landscape of deep-sea mining and positioned the US as a leader in securing critical minerals. The executive order bypasses the authority of the International Seabed Authority (ISA), reflecting the US's stance on international seabed governance [1].
The deep seabed, particularly in the Clarion-Clipperton Zone of the Pacific Ocean, contains billions of polymetallic nodules—black, avocado-sized rocks that form over millions of years. These nodules represent the world's largest estimated reserves of cobalt and nickel, along with significant deposits of copper and manganese [1]. Companies like The Metals Company (TMC) and Impossible Metals are at the forefront of this new frontier, with TMC filing the world's first application to mine the seabed in international waters under US law [1].
However, the US's aggressive push into deep-sea mining has created significant international tension, challenging the established principle that the global seabed should be managed as a common heritage of humanity [1]. The UN Convention on the Law of the Sea explicitly declares the seabed "the common heritage of mankind," prohibiting unilateral exploitation [1]. The ISA and its 169 member nations strongly oppose unilateral mining, emphasizing the need for environmental impact assessments and international cooperation [1].
Despite these challenges, the US is committed to establishing a new supply chain for critical minerals that operates independently from Chinese influence. The Department of Defense has been allocated $5.5 billion for critical minerals supply chains in the July 2025 spending bill, underscoring the administration's commitment to this strategy [1]. Companies like Lockheed Martin, a major defense contractor, have also signaled their interest in the sector, indicating the growing intersection between national security interests and critical minerals supply chains [1].
Resolution Minerals' expansion into the US critical minerals sector is a strategic move that aligns with the broader geopolitical tensions and the administration's focus on resource nationalism. Promnitz and Lynch's appointment will be crucial in navigating the complex legal and operational challenges associated with deep-sea mining, positioning Resolution at the forefront of this emerging industry.
References:
[1] https://discoveryalert.com.au/news/trump-deep-sea-mining-reshapes-critical-minerals-2025/
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