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A nodule harvester. Image courtesy DeepGreen.

DeepGreen raises $150 million as it advances towards production

DeepGreen Metals has secured $150 million in funding through a partnership with Allseas Group to launch the mining company’s first large-scale feasibility studies. These trials, slated for completion in 2023, will help pave the way for commercial exploitation of polymetallic nodules in the Clarion-Clipperton Fracture Zone. DeepGreen views polymetallic nodule extraction as an essential step […]

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Diamond mining moves offshore and into the deep.

Of the coast of Namibia, in barely 200 meters of water, an entirely different kind of deep-sea mining is taking shape. The target is neither precious metals, rare earth elements, or the minerals destined to supply next-generation batteries and power cells, but diamonds. The company is De Beers, the world’s largest diamond producer, and they […]

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Krypton Ocean: big vision and small steps towards mining the seafloor.

One of the fascinating aspects of the deep-sea mining community is how much history is shared among contractors. Nautilus Minerals, GSR, DeepGreen, and, especially, Lockheed, have expertise among their staff stretching all the way back to the early days of the Glomar Explorer. During our investigation into nodules for sale, we interviewed several people who […]

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A snail relocation experiment near Solwara I. Photo courtesy Nautilus Minerals.

Is this the end of Nautilus Minerals?

Last month brought grim news for the struggling Nautilus Minerals, once hailed as the world’s first viable deep-sea mining company. While ISA delegates were gathered in Jamaica, news broke that Nautilus secured relief from its creditors while it sought to restructure the company. Nautilus’s assets, including equipment, intellectual property, and mining leases are being auctioned […]

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A polymetallic nodule from the Clarion Clipperton Fracture Zone, purchased from an online dealer. 

Nodules for sale: tracking the origin of polymetallic nodules from the CCZ on the open market. 

You can buy a 5-lb bag of polymetallic nodules from the Clarion-Clipperton Fracture Zone on Amazon, right now. Depending on your vantage point and how long you’ve participated in the deep-sea mining community, this will either come as a huge surprise or be completely unexceptional. Prior to the formation of the International Seabed Authority, there […]

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The MV Nor Sky, a vessel chartered in 2008 by Nautilus Minerals to conduct environmental assessment at Solwara I, steams past the Tavurvur volcano near Rabaul. 

For Nautilus Minerals, the debt comes due.

2018 was supposed to be the year for Nautilus Minerals. Their three seafloor production tools—large underwater robots capable of mining seafloor massive sulphides from 1600 meters depth—were finally in hand and undergoing submerged testing. Their ship, the Nautilus New Era, was nearing completion. They had only a few hurdles left to clear before beginning production […]

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The Honotua Cable that crosses CCZ Block 1, based on ISA’s maps. Image courtesy Business Wire.

Without “due regard”, mining may get snagged on submerged cables

Representatives from the International Seabed Authority, the deep-sea mining community, and the International Cable Protection Committee met last week in Bangkok for the Second Workshop on Deep Seabed Mining and Submarine Cables. As the world becomes increasingly more connected, ocean-spanning, high-bandwidth cables are becoming increasingly necessary to maintain a global telecommunication infrastructure. The Law of the Sea recognizes the […]

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The Maersk Launcher, DeepGreen's support ship. with the Ocean Cleanup System 001.

DeepGreen’s vision for the next generation of deep-sea mining

“This is an electric vehicle battery,” Gerard Barron exclaims as he holds a fist-size nodule, dark and lumpy, up to the screen. For Barron, CEO of DeepGreen Resources, harvesting polymetallic metals from the seafloor is not just a new mining venture, it is a mission to transition away from fossil fuels into a new, green […]

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