Seabed Mining News

Norway's parliament on Tuesday voted in favor of allowing Arctic seabed mineral exploration, in line with a deal reached between the government and key opposition parties last month, overcoming objections from environmental campaigners.The decision comes as Norway hopes to become the first country to make deep-sea mining happen on a commercial scale and secure critical minerals and jobs despite concerns over the environmental impact and international calls for a moratorium.There is yet no set timeline for when exploration could begin, although the plan is to award companies exclusive rights to

Norway's minority government and two opposition parties have agreed to allow seabed mineral exploration in the Arctic region, they said on Tuesday, in a key step towards full-scale ocean mining.The deal comes as Norway hopes to become the first country to make deep-sea mining happen on a commercial scale and secure critical minerals and jobs despite concerns over the environmental impact and international calls for a moratorium.The amended version of the government's proposal, which parliament will formally debate on Jan.

Canada's The Metals Company (TMC) aims to apply next year for a licence to start mining in the Pacific Ocean, with production expected to get underway by as early as the fourth quarter of 2025, it said in a statement.TMC has been at the forefront of efforts to begin extracting polymetallic nodules from the ocean floor, a nascent industry that could boost supplies of metals considered vital to the global energy transition, including nickel and cobalt.Environmental campaigners warn…

Fortescue Metals executive chairman Andrew Forrest on Tuesday said his charitable foundation is in favor of a pause on seabed mining, the first time a prominent mining executive has spoken out against the nascent industry.Forrest said the Minderoo Foundation, which he and his wife Nicola fund with the dividends they get from Fortescue, will back a pause until there's sufficient evidence that damage to ocean environments can be prevented.Seabed mining would involve vacuuming up potato-sized rocks rich in battery metals that blanket vast swathes of the sea floor at depths of 4-6 kilometres…

The Metals Company (TMC) said Wednesday it had collected an initial batch of seafloor polymetallic nodules, and transported them up a 4km-long riser system to the surface in the Clarion Clipperton Zone of the Pacific Ocean.TMC, the explorer of what it says is the world’s largest estimated undeveloped source of critical battery metals, said the move was a historic one, representing the first integrated system test conducted in the area since the 1970s."Having successfully completed…

The Metals Company (TMC) and Allseas have successfully completed the initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean, TMC said Thursday.To remind, back in March, The Metals Company (TMC), a company extracting battery metals from seafloor polymetallic nodules, said it had together with its strategic partner and shareholder, Allseas, completed the deployment and wet-test commissioning of their pilot robotic nodule collector vehicle at the Port of Rotterdam…

The Metals Company (TMC), a company extracting battery metals from seafloor polymetallic nodules, said Friday its subsidiary NORI had signed a non-binding term sheet with its strategic partner and shareholder, Allseas to develop and operate a commercial nodule collection system. The system has a targeted production capacity of 1.3 million tonnes per year of wet nodules and expected production readiness by Q4 2024.According to TMC, formerly knowns as DeepGreen Metals, polymetallic nodules contain high grades of nickel…

Subsea technology company Seatools has delivered deep-sea mineral collection equipment for Allseas' Hidden Gem seabed mining ship.Seatools was responsible for the engineering, manufacturing, and qualification of the electronics, instrumentation, and hydraulics for Allseas’ pilot polymetallic nodule collection vehicle. The vehicle will be part of a pilot nodule collection test conducted by Allseas, which is scheduled to take place in 2022 in the Pacific Ocean.Allseas developed…