The Metals Company Provides Q1 2022 Corporate Update
TMC posted a $21.1 million Q1 2022 net loss with $69.0 million in cash, advancing its Allseas pilot mining and Epsilon Carbon plans.
Sea trials of our nodule collection system on our vessel Hidden Gem
Allseas tested its nodule collector during Atlantic sea trials. It traveled over 1 km at 2,500 m depth, 250 times sea-level pressure.
Mineral collector deepwater tests concluded successfully
Allseas' Hidden Gem mineral collector passed deepwater tests at 2,500 m in the Atlantic, ahead of Pacific nodule trials.
Chatham Initiates Korella South Scoping Study for One Million Tonnes Per Annum Export Phosphate Mine
Chatham Rock Phosphate began a scoping study for Korella South. The plan targets 1 million tonnes per year for export by July 2022.
TMC – Pilot nodule collection system trials
TMC and Allseas tested a pilot nodule collector at sea in 2022. It drove over 1 km on the CCZ seafloor, matching NORI-D conditions.
The Metals Company and Allseas Announce Successful Deep-Water Test of Polymetallic Nodule Collector Vehicle in the Atlantic Ocean at a Depth of Nearly 2,500 Meters
TMC and Allseas tested their nodule collector vehicle at 2,470 meters depth in the Atlantic Ocean, its deepest test yet.
TMC’s Manganese Silicate Product from Deep-sea Nodules has High Value-in-Use and Potential to Lower Cost and CO2 Emissions Compared to Conventional Mn Sources
A SINTEF study found TMC's nodule based manganese silicate could offer 7 to 17% higher value in use than Mn ores.
The Metals Company Announces First Quarter 2022 Corporate Update Conference Call for Monday, May 9, 2022
TMC scheduled a May 9, 2022 conference call to discuss first quarter 2022 financial results and corporate updates.
Hidden Gem docking at Damen
Allseas' Hidden Gem docked at Damen shipyards in the Netherlands. The ship is built for deepsea mineral collection and transport.
Diamond Fields Files Amended and Re-stated Ni 43-101 Technical Report for the Labola Gold Project
Diamond Fields refiled its Ni 43-101 report for Labola gold project. The amended filing addressed TSX-V concerns and is dated April 20, 2022.