article thumbnail

International Seabed Authority greenlights seabed nodule collection trials by Metals Company

Green Car Congress

The conclusion of the International Seabed Authority’s review process allows NORI to proceed with its planned integrated pilot collection system trials in its NORI-D exploration contract area in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean. Main components of the Prototype Collector Vehicle.

article thumbnail

The Metals Company contracts CSIRO-led consortium to develop environmental monitoring and management plan for deep-sea nodule collection

Green Car Congress

The company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga. Deep sea mining remains controversial.

Nauru 397
article thumbnail

The Metals Company completes latest deep-sea research campaign

Green Car Congress

In January, The Metals Company published an upward revision to the nodule resource reported within the NORI-D area held by its subsidiary, Nauru Ocean Resources Inc. TMC’s NORI-D nodule project is the first in the company’s project development pipeline. NORI), improving resource confidence from ‘inferred’ to ‘indicated’ status.

Nauru 259
article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

The company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion-Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga.

Carbon 352
article thumbnail

Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

Green Car Congress

Ensuring this critical supply of battery metals is essential to the transition from internal combustion engines to EVs, which faces the following risks, according to DeepGreen: A slump in discovery of new metal deposits could lead to shortages in key metals such as nickel and copper from 2024-2025 onwards; Source: DeepGreen. Earlier post.)

Companies 418
article thumbnail

DeepGreen Metals revises undersea polymetallic nodules resources upwards

Green Car Congress

DeepGreen Metals, which is exploring for deep-ocean polymetallic nodules as a lower impact and more cost-effective alternative to land-based mining ( earlier post ), announced an upward revision to the nodule resource reported within the NORI-D exploration contract area held by its subsidiary, Nauru Ocean Resources, Inc.

Nauru 355
article thumbnail

DeepGreen lifecycle analysis argues for sourcing EV battery materials from deep-sea polymetallic nodules

Green Car Congress

Through these relationships with the Republic of Nauru, the Republic of Kiribati and the Kingdom of Tonga, DeepGreen has exclusive rights under the International Seabed Authority to explore for polymetallic nodules in regions of the Clarion Clipperton Zone of the Pacific Ocean.

Batteries 269