Lockheed Martin Reclaims Pacific Seabed Rights
Lockheed Martin (NYSE: LMT) is exploring partnerships to develop its two dormant Clarion-Clipperton Zone seabed mining licenses.
Company Profile: American Metal
American Metal, led by Nautilus Minerals founder David Heydon, aims to source seabed metals exclusively for U.S. mineral needs.
Impossible Metals Appoints Mike Regan as Chief Growth Officer to Lead Capital Strategy and Growth
Impossible Metals named venture investor Mike Regan as Chief Growth Officer to lead capital strategy ahead of its Eureka III rollout.
TMC Announces Strategic Investment from Korea Zinc
Korea Zinc agreed to invest $85.2 million in TMC (Nasdaq: TMC), becoming one of its largest shareholders with about 5% ownership.
Papua New Guinea’s Prime Minister Opposes Deepsea Mining
PNG PM James Marape opposes deep-sea mining even as New Ireland officials back reviving the Solwara 1 project with NIU Solwara.
TMC Announces Appointment of Michael Hess and Alex Spiro to its Board of Directors
TMC named Michael Hess and Alex Spiro to its board as it advances toward U.S. polymetallic nodule commercial recovery plans.
Bankruptcies in the Deep-Sea Mining Industry
No company has launched commercial deep-sea mining as of 2025; Deepsea Ventures and Nautilus Minerals both went bankrupt.
Odyssey Marine Exploration Advances Mexico Fertilizer Project With JV Formation
Odyssey Marine Exploration began transferring mining concession rights into its PHOSAGMEX fertilizer joint venture in Mexico.
Odyssey Marine Exploration to Present at Emerging Growth Conference on June 17
Odyssey Marine Exploration (NASDAQ: OMEX) CEO Mark Gordon will present company catalysts at the Emerging Growth Conference on June 17.
TMC and Nauru Announce Updated Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI)
Nauru and TMC's (Nasdaq: TMC) subsidiary NORI signed a revised sponsorship agreement updating their 2017 deal amid stalled ISA rules.