Webinar: A Norwegian Perspective on Deep Sea Mining
Key points Norway’s Parliament voted 79-20 to approve deep-sea mineral exploration in its exclusive economic zone following a five-year public consultation and environmental review process. Norwegian seafloor minerals are valued at 1-1.5 trillion US dollars, with cobalt reserves alone…
World-first commercial-scale processing of deep-sea nodules
Key points TMC and partner PAMCO produced about 500 tonnes of high-temperature calcine in the first phase of a commercial-scale campaign to process a 2,000 tonne sample of polymetallic nodules. The processing took place at PAMCO’s Rotary Kiln Electric-Arc Furnace facility in Hachinohe,…
Tow Tank UI Screen Grab
Key points Footage shows in-lab testing of the Eureka robotic arms and vision system. The clip is a screen grab from the tow tank testing UI.
Webinar: Ask Me Anything (AMA) with Oliver Gunasekara and Becky Oehler (Aug 2024)
Key points Eureka vehicles hover over the seafloor, collecting nodules in four-hour mission cycles while using computer vision to identify and exclude visible marine fauna. The company targets 2027 production with estimated $100 per ton extraction costs, using retrofitted bulk carriers and…
India to seek licences to scout Pacific Ocean for critical minerals
India plans to apply in 2026 for Pacific Ocean deep-sea mineral exploration licenses in the Clarion-Clipperton Zone.
Webinar: Lessons Learned from Arm Previous CEO, Simon Segars, Growing a Multibillion-Dollar Business
Key points Simon Segars recounts his 31 years at ARM (1991-2022), joining as a design engineer among a 15-person team and becoming the company’s third CEO before leading its 2016 acquisition by SoftBank for $32 billion. He credits ARM’s growth to a licensing model, rather than…
Webinar: ISA & UNCLOS (Jun 2024)
Key points Eleanor Martin, partner at Norton Rose Fulbright LLP, explains the ISA and UNCLOS regulatory framework for seabed mining, including how private companies must have a sponsoring state and the two-year approval deadline triggered by Nauru in July 2021. Draft exploitation regulations…
Webinar: Eureka II Deep Sea Test Results (May 2024)
Key points Impossible Metals tested its Eureka II AUV at roughly 2 km depth in April 2024, reaching a fully autonomous deep-water dive. The launch and recovery system was redesigned with an improved frame and tagline capability, allowing operation in significant wave heights of more than two…