NOAA publishes TMC's consolidated deep-sea mining permit application
The Federal Register notice covers the USA-A area, increasing the recovery zone to ~65,000 km² with 619 million tonnes of estimated nodules.
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Deep-sea minerals exploration and development company
metals.coLast updated
In short: TMC secured NOAA regulatory milestones for Pacific seabed exploration and finalized a commercial production agreement with Allseas.
The Federal Register notice covers the USA-A area, increasing the recovery zone to ~65,000 km² with 619 million tonnes of estimated nodules.
NOAA will prepare an EIS for TMC USA’s USA-B exploration license covering 122,000 km² containing critical metals.
Reports net loss $60.1M, ~$143M liquidity; NOAA permitting progress; Allseas, Mariana Minerals and Eco Minerals agreements advance offshore and onshore plans.
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