TMC files for deep sea mining licences under US law
The Metals Company (Nasdaq: TMC) has filed applications for a commercial recovery permit and two exploration licences under the U.S. seabed mining code, a major step in its pursuit of deep-sea…
The Metals Company
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…
Trump eyes seabed minerals to rival China: FT
U.S. President Donald Trump is in the process of drafting an executive order that would enable America to stockpile the wealth of critical minerals found on the Pacific Ocean seabed,…
The Metals Co. says it may defy UN
The Metals Company (NASDAQ: TMC) is threatening to bypass United Nations deep-sea mining regulations unless the UN’s International Seabed Authority (ISA) speeds up its rule-modernization process. TMC has invested more…
Deep-sea mining scars last decades, but life returns
A new study led by Britain’s National Oceanography Centre (NOC) has revealed that the effects of a deep-sea mining experiment in the Pacific Ocean more than four decades ago are…
PDAC: Seafloor mining balances pros and cons
Commercial production of undersea mining could become a reality in less than five years, but at a potentially high cost to seafloor ecosystems, panellists told the Prospectors & Developers Association…
Q&A: The Metals Co. plunges into the deep
You may have heard of the Clarion-Clipperton Zone in the Pacific Ocean. It’s a stretch of area from Hawaii to Mexico, which has been targeted by the deep-sea mining sector….
TMC shares surge on high-grade alloy production
The Metals Company (Nasdaq: TMC) shares jumped 27% on Wednesday after it announced the successful production of high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign in Japan. The…
The Metals Company advances commercial-scale processing of deep-sea nodules
TMC and its partner PAMCO have produced approximately 500 tonnes of calcine during the first phase of a commercial-scale campaign.
Deep sea miner TMC plans to be ready to apply for licence
Canada’s The Metals Company (NASDAQ: TMC) plans to be ready to apply for a licence to start mining the seabed before the end of this year, with production expected to…
The Metals Company faces complaint to SEC over deep sea mining plans
The Metals Company (NASDAQ: TMC) is under fire from three civil society groups for its deep sea mining project in the Clarion Clipperton zone of the Pacific Ocean between Mexico…
Seabed mining body meets amid rising pressure for code
The International Seabed Authority (ISA) kicked off on Monday a two-week meeting expected to be pivotal as the UN body works on the world’s initial regulations for the mining activity,…