Key points
- The company says it has partnered with ocean scientists to baseline the marine environment from sea floor to surface and study the impact of collecting polymetallic rocks.
- It states the rocks contain rich concentrations of cobalt, nickel, copper and manganese, the base metals used in batteries.
- The company says using these rocks to make a billion electric car batteries could dramatically reduce environmental and social impact versus traditional land mining.
- Its stated vision is a system where metals are rented and returned rather than mined and dumped.