Regulator Related

30-day comment process for deep sea mining lease in US waters begins on Monday

As the US moves with pace towards deep sea mining in its Outer Continental Shelf, stakeholders get the chance to have their say

Regulator Related

ISA Secretary-General Leticia Carvalho responds to critical editorial by The Economist publication

The head of the International Seabed Authority has her job cut out for her as she prepares for a high profile session in Kingston next month, but will she be able to keep her promise on the completion of the Mining Code?

News and Developments

UN Secretary-General resists call to back deep sea mining moratorium, as more countries join the lobby

Antonio Gutteres was asked to lend his voice to the lobby against deep sea mining but the world's chief diplomat supported multilaterism instead.

Miners

Coming in from the cold: The Metals Company honours financial commitments to Nauru in revised agreement after weeks of speculation

TMC's shift to the American regulator left its deep sea mining partners Nauru and Tonga in a state of uncertainty. A new agreement with one of the two Pacific states promises to ease concerns.

Protestors

Anti deep sea mining allies face off as France blocks Greenpeace ship from entering Nice for UNOC3

France and GreenPeace both back a moratorium on deep sea mining, but will other disagreements stop them working together on this imminent 'threat'?

Public Views

Sentiment analysis of Deep Sea Mining since Donald Trump's Executive Order

The conversation around deep sea mining burst into the mainstream when Donald Trump signed an executive order allowing US companies to apply for licences. Just over a month later, what does the global public think?

Protestors

Protest march organised for UNOC3 as world leaders and marine interests gather in Nice

As the world gathers for the third UN Ocean Conference, those worried about the potential impacts of deep sea mining step up the pressure on world leaders to stop it.

Regulator Related

The Metals Company asked to provide more information to deep sea mining regulator, NOAA, before its exploration licence applications can be officially reviewed

NOAA needs more information from The Metals Company before it can begin the process of sharing its exploration applications with several federal agencies and the general public for review and feedback.

Miners

Iceberg hits The Metals Company: deep sea miner gets damaging write up from influential underground website Iceberg Research

The Metals Company has been riding a wave of good news since Donald Trump greenlit deep sea mining. Can trusted underground financial website Iceberg Research create choppy seas?

Protestors

Why deep sea mining campaigners are disappointed in the upcoming UN Ocean Conference

The UN Ocean Conference was supposed to be the place for like minded stakeholders to condemn deep sea mining. But environmentalists find the text of an expected Political Declaration 'pitifully weak'.

Regulator Related

Why Impossible Metals won't be deep sea mining anytime soon

Impossible Metals is out the starting gates, but it'll be years before it can lower its proprietary robots for commercial activity. Is its US regulator, BOEM, tougher to get past than the International Seabed Authority?

Miners

After a false start, Impossible Metals gets back into the starting blocks for its marathon push towards deep sea mining.

It's the second attempt by Impossible Metals to get its deep sea mining plan off the ground, but can it overcome public sentiment in American Samoa?

News and Developments

IEA warns of severe copper shortage on land by 2035 as deep sea miners propose to retrieve millions of tonnes

The world has a copper supply problem. Can deep sea mining help solve it?

Regulator Related

US Deep Sea Mining regulator, NOAA, to allow comments from public as part of licensing process

US agency tasked with issuing deep sea mining licences says it's working as fast as possible, but still has to follow processes outlined in law.

News and Developments

Coverage initiated on The Metals Company as trading volume triples

Another milestone for The Metals Company as Wall Street investment firm initiates coverage, and rates the stock a 'buy'.

Miners

The Metals Company stock price sets new 52-week high in trading surge

First published at 15:11 EST. The deep sea mining company opens the trading week with a bang on the Nasdaq as it continues a remarkable rebound.

Protestors

Anti Deep Sea Mining coalition urges UN Secretary-General to back moratorium in open letter

The lobby group begs UN chief to use his voice at what it calls a critical juncture as deep sea mining becomes ever more imminent.

News and Developments

Legal opinion: US-backed deep sea miners could face maritime resistance from other countries

Countries cooperate in many ways on the high seas but one respected American legal observer is suggesting that may not be the case towards US-licenced deep sea mining ships.

Miners

The Metals Company to justify processing seabed nodules in Japan in exemption request to US authorities

The Metals Company must recalibrate long term processing plans to align with America's strategic priorities, but how does that affect its commitments to the Japanese?

Protestors

Luxembourg joins list of countries calling for deep sea mining pause at International Seabed Authority

The list of countries calling for a moratorium on deep sea mining grows along with consternation at the US government's decision to issue licences unilaterally.

Miners

The Metals Company reports enough funds to get through pioneering permitting process as it posts another quarter of expected losses

TMC has access to $2million in cash, $41.5 million in credit, and a $37 million investment as it tries to stay afloat through a first-of-its-kind licensing process with an understaffed regulator.

Miners

TMC promises to release pre-feasibility study in third quarter of 2025

The Metals Company to show its workings by end of September as markets await hard figures and realistic assumptions in long promised pre-feasibility study.

Miners

The Metals Company fully abandons plan for deep sea mining licence through International Seabed Authority

The Metals Company will not seek a commercial recovery licence from the ISA but will seek to maintain its exploration rights through its two subsidiaries. But has it left Nauru and Tonga out in the financial cold?

News and Developments

A shot in the arm: A London IPO cautiously reshapes the mood ahead of Cobalt Congress 2025

Cobalt Holdings’ £174M IPO, backed by Glencore, brings fresh optimism to the cobalt industry just as Cobalt Congress 2025 opens. Can this bet on EV minerals restore confidence in a volatile market?

News and Developments

The Metals Company announces $37 million investment to advance deep sea mining development

TMC gets an injection of confidence from seasoned investors, and enough cash to operate while it goes through pioneering permitting promise for deep sea mining licence.