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The Metals Company Conducts Ground-Breaking Deepwater Sampling Campaign in Eastern Pacific on Path to Meet Global Demand for Critical Minerals
The Metals Company has successfully concluded Environmental Expedition 5C, 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 has successfully concluded Environmental Expedition 5C, 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 nodule collection operations\n\n\n\nIn collaboration with Maersk Supply Services and researchers from the University of Hawaii, Texas A&M University and the Japan Agency for Marine-Earth Science and Technology (JAMSTEC), the Company achieved a world first by successfully sampling pelagic biota at depths of 4,000 meters, marking the first deep MOCNESS net tow in the Eastern Tropical Pacific Ocean\n\n\n\nFacing six-meter swells at times, the team endured significant challenges to successfully complete 100% of the work program on schedule and with an untarnished safety record\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 conclusion of its Environmental Expedition 5C, which focused on the biological communities, organic flux and food web structure from the ocean surface to the benthic boundary layer just above the abyssal seafloor. Researchers on board achieved a world-first by conducting the deepest pelagic biota sampling at depths down to 4,000 meters in the Eastern Tropical Pacific. The Company’s fourth environmental research campaign this year, Expedition 5C forms part of its $75 million multi-year deep-sea research program to establish a rigorous environmental baseline and characterize the potential impacts of TMC’s proposed nodule collection operations. These latest insights build upon the baseline dataset collected on the Company’s NORI-D block, sponsored by the Republic of Nauru.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211108005628/en/The Metals Company (Photo: Business Wire)\nResearchers from the University of Hawaii employed a range of technologies including a 10m2 MOCNESS system (Multiple Opening/Closing Net and Environmental Sensing), comprising a series of nets with varying mesh sizes that open and close at controlled depths in the water column to capture a profile of biological communities at each depth layer. In collaboration with Maersk Supp...