Impossible Metals Applies for Deep Sea Mining Lease in U.S. Federal Waters
Impossible Metals became the first firm to seek a BOEM deep-sea mining lease off American Samoa under a 1953 U.S. law.
Rutger Bosland, Pioneering Engineer and Technical Lead on Development of TMC’s Nodule Collection System, Joins Company to Drive Commercial Readiness
TMC hired Allseas engineer Rutger Bosland as Chief Innovation and Offshore Technology Officer to scale its nodule collection system.
A Miner Goes Bust, Another Goes Solo as Progress on U.N. Seabed Rules Stalls
Loke Marine Minerals, which raised $30 million since 2019, filed for bankruptcy amid stalled progress on seabed mining rules.
License update
Green Minerals extended its Clarion Clipperton Zone license MoU to 2027, citing over 200 million tonnes of estimated wet nodules.
CEO Mark Gordon to Present at the Emerging Growth Conference on April 16, 2025
Odyssey Marine Exploration (NASDAQ: OMEX) reported 2024 results and will present at the Emerging Growth Conference April 16, 2025.
The Metals Company to Apply for Permits under Existing U.S. Mining Code for Deep-Sea Minerals in the High Seas in Second Quarter of 2025
TMC (Nasdaq: TMC) began applying to NOAA for US exploration licenses and recovery permits after investing over $500 million.
TMC Announces Fourth Quarter and Full Year 2024 Results
TMC reported an $81.9 million full-year 2024 net loss and said it has begun applying for licenses under the U.S. seabed mining code.
Report Delivers Positive News
A Sweco environmental report on Bothnian Bay manganese nodule extraction found low pollutant levels and no red-listed species.
The Metals Company Announces Fourth Quarter and Full Year 2024 Corporate Update Conference Call for Thursday, March 27, 2025
TMC the metals company (Nasdaq: TMC) will host its Q4 and full year 2024 conference call on March 27, 2025 at 4:30 p.m. ET.
Landmark Deepsea Environment Moorings Successfully Deployed in the Cook Islands
Moana Minerals and Cobalt Seabed Resources deployed the Cook Islands' first deep-sea environmental monitoring moorings.