The Metals Company

Key points A new peer-reviewed study in Nature used in-field thorium-tracing data to test claims that seafloor sediment plumes travel “thousands of kilometers,” a claim the study says was never grounded in scientific data. Thorium, a radionuclide naturally present in sediment,…

Key points TMC’s 2022 test mining campaign found up to 98% of sediment entrained during nodule collection returns directly to the seafloor, with more than 95% settling within 1-2 kilometers of the collector vehicle. The midwater plume, released at 2,000 meters depth, dilutes to…

Key points TMC’s 2022 test mining campaign found that up to 98% of sediment stirred up during collection resettles directly on the seafloor, with more than 95% settling within 1-2 kilometers of the collector vehicle. Sediment discharged at 2,000 meters depth dilutes to background…

Key points The Metals Company conducted 22 offshore research campaigns over a decade, collecting a petabyte-scale dataset on deep-sea environments. The Clarion Clipperton Zone contains enough materials to produce all electric vehicle and storage batteries multiple times over. A prototype…

Key points CFO Craig Shesky says TMC’s prefeasibility study and initial assessment, released the Monday before the AMA, show a combined $23.6 billion net present value for the company’s Nori resources. TMC is targeting Q4 2027 for the start of commercial production, using four…