The Metals Company announced along with Allseas the successful results of a deep-water test of its polymetallic nodule collector vehicle in the Atlantic Ocean. The vehicle was tested at a depth of almost 2,500 meters.
You may remember my previous articles about The Metals Company, and my two interviews with CEO Gerard Barron. I’ve been following the progress of The Metals Company since before they changed their name from Deep Green. To recap, I’ll briefly share what their focus is.
The Metals Company is focused on polymetallic nodules on the seafloor. These little mineral balls are filled with critical metals used in the production of electric vehicles — primarily batteries. In my interview with Gerard, he shared why the focus was on the nodules.
“We’re only impacting the top 5 cm of the ocean floor. The way I like to frame it is that if we took a step back and took a planetary perspective and if we had our time again, it would make sense to carry out extractive industry in parts of the planet where there’s the least life.