Green Minerals AS signs agreement involving the Project ULTRA

Key points

  • Green Minerals AS signed an agreement with the National Oceanography Centre and University of Southampton on Project ULTRA.
  • Project ULTRA will include 2 research cruises on SMS areas located in international licenses.
  • Green Minerals will sponsor and co-supervise 2 PhD programs as part of the project.
  • Professor Bram Murton is the lead scientist on Project ULTRA.

Green Minerals AS (“The Company”) today announces that it has signed an

agreement with National Oceanography Centre and University of Southampton

regarding the Project ULTRA. The project will produce new knowledge of the

formation and the evolution of SMS deposits which will be paramount for the

Company’s exploration strategy and subsequent production activities. Project

ULTRA will include 2 research cruises on SMS areas located in international

licenses. Through the Project ULTRA, the Company will collaborate with

internationally leading scientists and support the education of the future

professionals required for the marine minerals industry. The Company will

sponsor and co-supervise 2 PhD programs as part of the project.

“We are excited to engage in this long-term collaboration with NOC, UoS and not

least professor Bram Murton as the lead scientist on the Project Ultra.

Supporting and working with academia to further enhance our knowledge in all

aspects of marine minerals, not least from an environmental and biodiversity

perspective, is an integral part of Greeen Minerals`strategy”, comments Ståle

Rodahl, Executive Chairman of Green Minerals AS.

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