When the first part of 26th Session of the International Seabed Authority convened last month, there was a new stakeholder impacting the pace of deliberations. COVID-19 had just begun to spread beyond China and nations across the world were limiting travel in the hopes of containing the outbreak. With Jamaica imposing a 14-day quarantine on […]
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2019 was a landmark year for deep-sea mining. As the 25th anniversary of the International Seabed Authority, the pressure was on to advance the industry from promise to production. The surge in cobalt prices in 2018 led to renewed interest in new sources of this essential but often troubled resource but also yielded a precipitous […]
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In 1980, Dr. John B. Goodenough unraveled the electro-chemical reactions that would give birth to one of the single most important inventions of the 20th century: the lithium ion battery. The first commercially viable rechargeable lithium ion batteries were soon being produced by Dr. Akira Yoshino at Sony. Without these tiny cells’ immense potential to […]
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Maria Bolevich for DSM Observer Global Sea Mineral Resources (GSR) is founded by Deme Group, a world leader in dredging, marine engineering and environmental remediation. In 2013, GSR and the International Seabed Authority entered into a 15-year contract for the exploration for polymetallic nodules in the Clarion-Clipperton Zone. Kris Van Nijen, the managing director of GSR, […]
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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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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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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 […]
Read More 1. Outcomes from the LTC. In the next few weeks, the Legal and Technical Committee will release their draft regulations for mining polymetallic nodules in the Area. There will be an opportunity for comments and input from the deep-sea mining community prior to the LTC, Council, and General Assembly meetings this summer. 2. Patania II […]
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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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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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