Key points
- Deep Sea Minerals Corp. is exploring polymetallic nodule deposits in the Clarion-Clipperton Zone in the Pacific Ocean and the Cook Islands Exclusive Economic Zone.
- The company is listed on the Canadian Securities Exchange as SEAS, the OTCQB as DSEAF, and the Frankfurt Stock Exchange as X45.
- The nodules contain manganese, nickel, cobalt, and copper, used in electric vehicle batteries, renewable energy storage, AI data centers, and defense applications.
- The company operates under the regulatory frameworks of the National Oceanic and Atmospheric Administration and the Cook Islands Seabed Minerals Authority, and says it is building partnerships with Pacific Island nations on capacity building and benefit sharing.