Poseidon, Author at Ocean Mining News

onAugust 6, 2026

TMC and Kongsberg Digital Announce Next Phase of Agreement to Bring AI and Hybrid Machine Learning to Future Deep-sea Nodule Collection Operations

TMC and Kongsberg Digital advanced their Digital Twin deal to bring AI to seafloor nodule collection ahead of NORI's 2025 output target.

onAugust 18, 2026

CRIMM and Ocean University of China signed agreements to jointly build a national key laboratory for deep-sea mineral resources technology.

onAugust 15, 2026

The EMINENT project team met in Lillesand, Norway, in September to review preliminary results from the Deep Insight expedition.

onAugust 6, 2026

TMC posted a $14.1 million Q2 2023 net loss and priced a roughly $27 million share offering at $2.00 per share.

onAugust 6, 2026

TMC raised about US$27 million in a registered direct offering priced at $2.00 per share plus Class A warrants.

onAugust 6, 2026

TMC scheduled an August 14, 2023 conference call to review second quarter financial results and recent developments.

onAugust 6, 2026

TMC now targets a post July 2024 ISA application and Q4 2025 production, needing $60 to 70 million more cash.

onAugust 6, 2026

Nine members of Congress urged Biden and the Pentagon to weigh polymetallic nodules for critical mineral security.

onAugust 18, 2026

The second part of the ISA's 28th session concluded in Kingston, focusing on drafting exploitation regulations for seabed mining.

onAugust 6, 2026

ISA Council agreed a roadmap to finish the Mining Code by 2024, after missing its July 9, 2023 adoption deadline.