Trump’s deep-sea mining push stirs alarm
Trump’s push to accelerate deep-sea mining aims to lessen US reliance on China for minerals, but raises fears of ecological harm and instability.
The Metals Company
Fighter jet maker dives back into seabed mining
Lockheed Martin (NYSE: LMT) is back in the deep-sea mining game, holding talks with several mining companies about partnerships to access its long-held seabed licences in the Pacific Ocean. The…
Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
Podcast: ‘All of the stars are coming together,’ ft The Metals Co. CEO Barron on deep-sea mining
This week’s episode features Gerard Barron, executive chairman and CEO of The Metals Company, in conversation with host Adrian Pocobelli on the controversial topic of deep-sea mining. Barron outlines why…
The Metals Co. to raise $37M for underwater mining
Undersea critical minerals explorer The Metals Company (Nasdaq: TMC) has lined up C$51.75 million ($37 million) for seabed exploration. Shares rose. Led by Hess Capital chief investment officer Michael Hess…
TMC files for deep sea mining licences under US law
The Metals Company (Nasdaq: TMC) has filed applications for a commercial recovery permit and two exploration licences under the U.S. seabed mining code, a major step in its pursuit of deep-sea…
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…
Trump eyes seabed minerals to rival China: FT
U.S. President Donald Trump is in the process of drafting an executive order that would enable America to stockpile the wealth of critical minerals found on the Pacific Ocean seabed,…
The Metals Co. says it may defy UN
The Metals Company (NASDAQ: TMC) is threatening to bypass United Nations deep-sea mining regulations unless the UN’s International Seabed Authority (ISA) speeds up its rule-modernization process. TMC has invested more…
Deep-sea mining scars last decades, but life returns
A new study led by Britain’s National Oceanography Centre (NOC) has revealed that the effects of a deep-sea mining experiment in the Pacific Ocean more than four decades ago are…
PDAC: Seafloor mining balances pros and cons
Commercial production of undersea mining could become a reality in less than five years, but at a potentially high cost to seafloor ecosystems, panellists told the Prospectors & Developers Association…
Q&A: The Metals Co. plunges into the deep
You may have heard of the Clarion-Clipperton Zone in the Pacific Ocean. It’s a stretch of area from Hawaii to Mexico, which has been targeted by the deep-sea mining sector….