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The Metals Company Completes Latest Deep-Sea Research Campaign on Path to Tap Planet’s Largest Known Source of EV Battery Metals
The Metals Company successfully concluded Environmental Expedition 5E, the latest campaign in its $75 million multi-year deep-sea research program to
About this update from Tmc The Metals Company Inc.
[{"type":"text","content":"\n\nThe Metals Company successfully concluded Environmental Expedition 5E, the latest campaign in its $75 million multi-year deep-sea research program to establish a rigorous environmental baseline and characterize the potential impacts of the Company’s proposed polymetallic nodule collection operations\n\n\nScientists on board used a suite of cutting-edge technologies including a Remotely Operated Vehicle (ROV) and seafloor landers to sample abyssal megafauna, and to gather critical data on deep-sea ecosystem function\n\n\nThe researchers involved represent some of the world’s leading marine science institutions including the UK National Oceanography Centre, Japan Agency for Marine-Earth Science & Marine Technology (JAMSTEC), Natural History Museum (London), Heriot-Watt University and the University of Gothenburg.\n\n\n NEW YORK--(BUSINESS WIRE)--\nThe Metals Company (NASDAQ: TMC) (the “Company” or “TMC”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced the completion of its latest offshore research campaign, Environmental Expedition 5E, a targeted sampling campaign of both benthic and pelagic fauna with wider investigations to characterize ecosystem function on the abyssal seafloor.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220105005578/en/The Metals Company 1 (Photo: Business Wire)\nThe completion of the six-week expedition — the Company’s fifth environmental campaign in the last twelve months — marks the latest offshore campaign required to develop an environmental baseline of the Company’s proposed operating environment in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean and characterize the potential impacts of its proposed nodule collection operations to source critical battery metals from deep-sea polymetallic nodules. In 2022, the Company will conduct an initial Prototype Collector Vehicle manoeuvrability test in the Atlantic Ocean, followed by pilot collection system trials in the CCZ later in the year.\n\nAboard the Maersk Launcher were researchers from some of the world’s leading marine science institutions including the UK National Oceanography Centre (NOC), Japan Agency for Marine-Earth Science & Marine Technology (JAMSTEC), Natural History Museum (London), Heriot-Watt University and the Universi...