US bill supporting seafloor mining lifts The Metals Company

The Metals Company (Nasdaq: TMC) shares soared on Wednesday after Congresswoman Carol Miller (R-WV) and Congressman John Joyce (R-PA) introduced a Bill to increase US support for deep-sea mining.

Seafloor mining fever drives $2.9 billion merger

Mining News Pro - Littering the abyssal plain of the Pacific Ocean are an estimated 21 billion tonnes worth of polymetallic nodules containing high grades of manganese, nickel, copper and cobalt – the battery metals that Tesla (Nasdaq: TSLA) has warned may soon be in short supply.

DeepGreen hits backs at firms opposing seafloor mining

Mining News Pro - Canada’s DeepGreen Metals, a seafloor mining hopeful that recently announced plans to go public, is hitting back at companies including Google and BMI for committing to not buy minerals extracted from the seafloor until the environmental risks of the activity are “comprehensively understood.”

Seafloor mining hopeful DeepGreen to merge with ESG-minded SPAC

Mining News Pro - DeepGreen, a Canadian developer of battery metals from seafloor polymetallic nodules in the Pacific Ocean, has announced its planned listing through a merger with NYSE-listed Sustainable Opportunities Acquisition Corp (SOAC).

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