Key points
- TMC launched offshore Expedition 5C, its fourth environmental campaign of the year, part of a 75 million dollar multi year research program
- Expedition follows TMC’s September 2021 Nasdaq listing and identification of over 1.6 billion wet tonnes of nodules across two contract areas
- Researchers from the University of Hawaii at Manoa sailed aboard the Maersk Launcher to gather water samples and baseline data
- Resource is estimated sufficient for 280 million electric vehicles, roughly equal to the entire US passenger car fleet
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Offshore expedition 5C is part of a multi-year, $75 million deep-sea research programto establish an environmental baseline and analyse the impacts of The Metals Company’s proposed operations to source critical battery metals from deep-sea polymetallic nodules.
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The expedition follows The Metals Company’s September listing on NASDAQ, and its earlier identification of more than 1.6 billion tonnes (wet) of nodules across two of its contract areas, containing battery metal resource sufficient for 280 million electric vehicles (EVs) — equivalent to the entire US passenger car fleet.
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The world’s largest untapped deposit of battery metals — nickel, cobalt, copper and manganese — is contained in polymetallic nodules that sit unattached on the Pacific seafloor in the Clarion Clipperton Zone (CCZ), betweenHawaii andMexico .
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The Company’s fourth environmental campaign this year, Expedition 5C is the latest work package in The Metals Company’s multi-year deep-sea research program intended to establish a rigorous environmental baseline and characterize the potential impacts of its proposed nodule collection operations to source critical battery metals from deep-sea polymetallic nodules.
Setting sail this week aboard the exploration vessel the Maersk Launcher, researchers from the University of Hawaiʻi at Mānoa,
At the researchers’ disposal will be an array of specialized equipment including hydrographic rosettes to collect water samples, a
“The collection and analysis of this baseline data is a critical component of the Environmental, Social and Impact Assessment (ESIA) required to establish the state of the ecosystem as it exists prior to the commencement of nodule collection and to assist in predicting the potential effects on the surrounding environment,” said Dr.
The planet’s largest known source of battery metals
TMC’s NORI-D nodule project — recently ranked as the #1 nickel project in the world by mining.com — is the first in the Company’s project development pipeline. In January, published an upward revision to the nodule resource reported within the NORI-D area held by its subsidiary,
As countries invest in large-scale clean energy transition programmes and begin to phase out internal combustion engines, hundreds of millions of tonnes of critical battery metals will be needed to decarbonise the world’s energy and transport systems, according to the International Energy Agency – will be vital.
In its recent 100-day supply chain review, the
About The Metals Company
TMC the metals company Inc. (www.metals.co.
