TMC Gets Approval for Pilot Deep-Sea Mining Project

Deep-sea mining for battery metals is moving a step closer to reality after one of the most prominent companies in the space received approval to test whether it is safe to collect nodules from the sea floor.

The Metals Company, based in Vancouver, received permission from the International Seabed Authority to collect iron or manganese nodules from the sea floor between Hawaii and Mexico, testing if it is viable to extract battery metals from the ocean for commercial purposes.