Instead of blasting minerals out of the earth from terrestrial mines, The Metals Company wants to scoop up some of the billions of tonnes of mineralized rocks that litter vast tracts of the deep Pacific Ocean bottom between Hawaii and Mexico.Sign up to receive daily headline news from the Vancouver Sun, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Smith, a professor at the University of Hawaii at Manoa, has studied the deepsea ecosystems of the Clarion Clipperton Zone, the area being explored for mining, since 1988. Smith says he isn’t opposed to exploiting some of the resource but wants the public to fully understand the environmental consequences of mining.
In August, the company raised US$30 million to take on the next stage of its exploration, a pilot test of its mining technology, along with an environmental monitoring program, which Barron called “a foundational step towards our journey to completing our application for an exploitation permit from the .”Article content
Ultimately, the company wants to extract nodules, refine them into metals for use in batteries and other clean-energy components then see those metals, particularly from batteries, recycled at their end of life in a closed-loop system.Article content
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