The Metals Company has filed the first consolidated application for an exploration license and commercial recovery permit under NOAA’s new regulations.
Posts Tagged ‘The Metals Company’
TMC files the first consolidated deepsea minerals application
Posted in Regulation, energy policy, deep sea mining, tagged deepsea minerals, DSHMRA, first application, NOAA, The Metals Company, TMC on January 23, 2026| Leave a Comment »
John Smith: “Why deep-sea mining makes sense – before and after mining pictures”
Posted in deep sea mining, energy policy, tagged deep sea mining, environmental impacts, Impossible Metals, land vs. deep sea, The Metals Company on October 7, 2025| Leave a Comment »
BOE contributor John Smith, who worked in the US marine minerals program, shared the pictures pasted below.
An Impossible Metals table (below) understandably favors their methods vs. those employed by deep-sea mining rival The Metals Company. However, both approaches are far preferable, environmentally and socially, to onshore metal mining.
Impossible Metals graphic:
TMC and NOAA walked into a bar …
Posted in deep sea mining, energy policy, Offshore Energy - General, tagged BOEM, deepsea minerals, Impossible Metals, International Seabed Authority, NOAA, rare earths, The Metals Company, underwater sculpture on April 29, 2025| Leave a Comment »
… and shared a mineral water toast! 😉 (Weak joke, but at least it’s original and topical!)
NOAA and TMC, a Canadian company, are working together to bypass the stifling UN deep sea minerals bureaucracy.
NOAA raises a glass: Yesterday, President Trump signed an Executive Order establishing a framework for American companies to identify and retrieve offshore critical minerals and resources. The Executive Order prioritizes U.S. leadership in seabed mapping and mineral exploration, ensuring reliable access to critical minerals like manganese, nickel, cobalt and rare earth elements.
In support of the Executive Order, NOAA is committed to an expeditious review of applications for exploration licenses and commercial recovery permits. The agency will provide the necessary resources for license and permit reviews to ensure that those reviews go forward without undue delays.
- TMC is positioned to play a central role in supporting an American industrial ecosystem underpinned by deep-seabed minerals, and poised to mobilize tens of billions in private investment in the U.S. across shipbuilding, ports, mineral processing, and advanced manufacturing
- The Company through its U.S. subsidiary expects to file license and permit applications under the U.S. Deep Seabed Hard Mineral Resources Act (DSHMRA) in the second quarter of 2025
China boos: “The US authorization… violates international law and harms the overall interests of the international community,” Chinese foreign ministry spokesman Guo Jiakun said on Friday.
TMC and other companies like Impossible Metals (see below) have had enough of the endless delays at the United Nations’ International Seabed Authority, which is still developing regulations. Mining companies and others have spent years gathering data and providing input.
Meanwhile in US waters:
San Jose, CA – Impossible Metals, a pioneering US-based deep-sea mining company, has submitted a request to commence a leasing process for exploration and potential mining of critical minerals in the deep sea off the coast of American Samoa. Impossible Metals is the first company to request a lease of critical minerals under the Outer Continental Shelf Lands Act of 1953, which is regulated by the U.S. Bureau of Ocean Energy Management (BOEM), part of the U.S. Department of the Interior.
Impossible Metals has developed the only autonomous underwater robot (AUV) for selective harvesting. The novel underwater robot uses advanced robotics, AI, and a buoyancy engine to hover above the seabed, accurately identifying and avoiding nodules with visible life while minimizing disruption to the habitat and native biodiversity. This method will have the lowest environmental impact and cost among land and deep-sea mining approaches, setting a new standard for responsible resource collection.
The Metals Company to apply for deepsea mining permits under US authority, not proposed international regulations
Posted in deep sea mining, energy policy, Offshore Energy - General, tagged deepsea mining, ISA, NOAA, The Metals Company, TMC, UNCLOS, US permitting on March 31, 2025| Leave a Comment »
Lars Herbst brought this bold and rather surprising deepsea mining development to my attention. Let the screaming begin!
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) (emphasis added) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today announced that its subsidiary The Metals Company USA LLC (“TMC USA”) has formally initiated a process with NOAA under the U.S. Department of Commerce to apply for exploration licenses and commercial recovery permits under existing U.S. legislation, the Deep Seabed Hard Mineral Resources Act of 1980 (DSHMRA).
Following extensive legal diligence on DSHMRA, NOAA’s implementing regulations and other applicable environmental protection legislation, the Company strongly believes that the U.S. seabed mining code offers the greatest probability of securing a permit for commercial recovery of deep-sea mineral resources in a timely manner.
Gerard Barron, Chairman & CEO of The Metals Company, commented: “Over the last decade, we’ve invested over half a billion dollars to understand and responsibly develop the nodule resource in our contract areas. We built the world’s largest environmental dataset on the CCZ, carefully designed and tested an offshore collection system that minimizes the environmental impacts and followed every step required by the International Seabed Authority. But, despite collaborating in good faith with the ISA for over a decade, it has not yet adopted the Regulations on the Exploitation of Mineral Resources in the Area in breach of its express treaty obligations under UNCLOS and the 1994 Agreement.”
“We believe we have sufficient knowledge to get started and prove we can manage environmental risks. What we need is a regulator with a robust regulatory regime, and who is willing to give our application a fair hearing. That’s why we’ve formally initiated the process of applying for licenses and permits under the existing U.S. seabed mining code. After extensive legal review and constructive engagement with NOAA and other officials across the U.S. government, we believe the United States offers a stable, transparent, and enforceable regulatory path. TMC USA expects to submit applications to NOAA in the second quarter of 2025. We’re encouraged by the growing recognition in Washington that nodules represent a strategic opportunity for America—and we’re moving forward with urgency.”
The Hidden Gem has relocated from Manzanillo to Long Beach
Posted in Mexico, Offshore Energy - General, tagged deep sea mining, Hidden Gem, Long Beach, Manzanillo, MV Coco, The Metals Company on November 28, 2023| Leave a Comment »
Our Mexican correspondent Andrew Konczvald reports that the Hidden Gem deep sea mining vessel is no longer in Manzanillo. Vessel tracking data indicate that the ship has relocated to the Port of Long Beach.
News articles are reporting that The Metals Company is conducting studies in the Pacific. These articles erroneously include a file photo of the Hidden Gem, which is not involved with this research. The MV Coco, an impressive research vessel that is pictured below with the obligatory Greenpeace protesters, is conducting the studies.
On a related note, below is an interesting video about last year’s nodule recovery trials using the Hidden Gem’s integrated collection system.
Deep sea mining intrigue
Posted in energy policy, Jamaica, Offshore Energy - General, Regulation, Uncategorized, tagged CIA, Clarion-Clipperton Zone, deep sea mining, Glomar Explorer, Hidden Gem, ISA, Manzanillo, Naura, The Metals Company, UNCLOS on October 26, 2023| Leave a Comment »
Andrew Konczvald’s reports from Manzanillo, Mexico about the presence of the Hidden Gem (pictured above), a converted deepwater drillship, have renewed BOE interest in deep sea mining, a topic that is full of political, environmental, legal, and operational intrigue:
- Ocean mining has served as cover for a CIA mission! The Glomar Explorer was built by Howard Hughes to recover a Russian submarine beneath 16,500′ of water in the Pacific. Interestingly, some manganese, the material the Glomar Explorer was supposedly researching, was also recovered. (As a young engineer, I read fascinating trade journal articles about the Glomar Explorer and its mining capabilities. Little did I know that it was all a ruse!)
- The US is not a party to the UN Law of the Seas (UNCLOS) Convention under which the International Seabed Authority (ISA) was established in 1994 to oversee deep sea mining. Purportedly, the US is reluctant to cede any high seas authority to the UN. Doing so might preclude escapades like the recovery of the Russian submarine 😉
- China, which already controls 95 percent of the world’s supply of rare-earth metals and produces three-quarters of all lithium-ion batteries, is an active participant in ISA and hopes to extend its control over emerging energy industries.
- The Clarion-Clipperton Zone, which spans 3,100 miles (map below), contains up to six times the cobalt and three times the nickel in all land-based reserves. Chinese contractors have licenses to explore two of the 17 areas of the zone.
- The Metals Company (TMC), the Canadian company that owns the Hidden Gem, is the leader in the deep sea technology race.
- In 2021, the Pacific island of Nauru activated a provision embedded in UNCLOS to encourage ISA to adopt mining regulations by July 9, 2023, absent which mining could begin with whatever rules were in place at the time.
- TMC subsidiary Nauru Ocean Resources Inc. (NORI) intends to submit an application to ISA for an exploitation contract for NORI Area D (second map below) following the July 2024 ISA meeting. Assuming a one-year review process, NORI expects to be in production in the fourth quarter of 2025.
- Despite the need for metals to support their electrification goals, some environmental groups are staunchly opposed to deep sea mining. Their concerns range from disturbing the ocean’s natural carbon sink to impacts associated with noise and pollution from mineral recovery and transportation.
- TMC contends that the environmental impacts and social costs associated with deep sea mining are far less than for onshore mining.
- Meanwhile the Hidden Gem remains parked near Manzanillo. Stay tuned.
Deepsea Mining vessel is still parked near Manzanillo, MX
Posted in Mexico, offshore, Regulation, tagged deepsea mining, Hidden Gem, Manzanillo, Mexico, The Metals Company on May 29, 2023| Leave a Comment »
Andrew Konczvald reports that the Hidden Gem, a deepsea mining vessel owned by The Metals Company (TMC) is still parked offshore Manzanillo. Andrew’s latest picture of the Hidden Gem is pasted below.
TMC is awaiting international deepsea mining regulations, hence the extended and costly downtime for this massive rig. Per TMC, the regulations seem to be progressing.
Bud's Offshore Energy (BOE) 