The Metals Company Completes Latest Deep-Sea Research Campaign on Path to Tap Planet’s Largest Known Source of EV Battery Metals

Key points

  • TMC completed Environmental Expedition 5E, part of its 75 million dollar multi year deep sea environmental research program
  • Six week expedition was the company’s fifth environmental campaign in twelve months, using an ROV and seafloor landers
  • Researchers from the UK National Oceanography Centre, JAMSTEC, Natural History Museum, Heriot-Watt and University of Gothenburg took part
  • Team logged over 390 ROV operational hours and 130 video transects sampling abyssal megafauna and midwater life

The Metals Company successfully concluded Environmental Expedition 5E, the latest campaign in its$75 million multi-year deep-sea research program to establish a rigorous environmental baseline and characterize the potential impacts of the Company’s proposed polymetallic nodule collection operations

  • Scientists on board used a suite of cutting-edge technologies including a Remotely Operated Vehicle (ROV) and seafloor landers to sample abyssal megafauna, and to gather critical data on deep-sea ecosystem function

The researchers involved represent some of the world’s leading marine science institutions including the UK National Oceanography Centre,Japan Agency for Marine-Earth Science & Marine Technology (JAMSTEC),Natural History Museum (London ),Heriot-Watt University and theUniversity of Gothenburg .

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220105005578/en/

The completion of the six-week expedition — the Company’s fifth environmental campaign in the last twelve months — marks the latest offshore campaign required to develop an environmental baseline of the Company’s proposed operating environment in the

Aboard the Maersk Launcher were researchers from some of the world’s leading marine science institutions including the

Over the course of more than 390 ROV operational hours, researchers from the

To explore the gelatinous communities that occupy the midwater column , the pelagic team led by JAMSTEC supplemented traditional sampling methods such as nets with ROV mounted video to conduct 130 video transects at various depths, and used specialized D-samplers and the ROV’s suction sampler to collect specimens.

A team led by

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,

As countries invest in large-scale clean energy transition programs and begin to phase out internal combustion engines, hundreds of millions of tons of critical battery metals will be needed to decarbonize the world’s energy and transport systems, according to the International Energy Agency. As noted in a recent report by the

, polymetallic nodules can “substantially change the supply outlook for several critical materials,” including nickel and cobalt.International Renewable Energy Agency

About The Metals Company

TMC the metals company Inc. (www.metals.co.

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The Metals Company Enters Agreement with Kongsberg Digital to Develop Digital Twin of Deep-Sea Operating Environment Ahead of Polymetallic Nodule Collection System Test

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