FAQs: Mythbusting False and Misleading Statements About Deep Sea Mining (DSM)2025-07-21T16:43:09-07:00

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Mythbusting False and Misleading Statements About Deep Sea Mining (DSM)

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Deep sea mining is an emerging industry that has sparked significant excitement, speculation, and concern. Like any emerging industry, this can lead to misconceptions or confusion, and even in some cases misleading or false statements. Impossible Metals is committed to evidence-based, environmentally responsible, and transparent operations, and therefore we have published substantial information on the expected impacts—positive and negative—of deep sea mining, and how our approach differs. However, certain myths persist and are unfortunately repeated by some organizations, particularly those with a stated goal of stopping all deep sea mining. Our planet, economy, and security requires a critical minerals policy that is based in science, and the data clearly show that selective harvesting of seabed minerals will be the lowest cost, lowest environmental impact, and lowest time path to a secure critical minerals supply chain. In the past, a number of well-meaning organizations opposed nuclear power, and we lost 20 years of innovation in a technology that is now recognized as critical to producing clean, reliable, baseload energy.

This section of our extensive FAQ will address common myths on deep sea mining. We have  had productive dialogues and exchanges with the majority of the non-government organisations (NGOs) and marine scientists engaged in deep sea mining issues, and welcome other organizations to engage with us to strengthen the scientific foundation of this new industry. Regardless of the source, we take feedback constructively in line with our value of encouraging sharing and respecting all perspectives.

Impossible Metals commits that we will only mine if we are satisfied that our Environmental Impact Statements (EIS) show there will be no material, long-lasting impacts on the marine habitat or other uses of the ocean. (fishing, transportation, recreation, submarine cables, etc.)

Myth #1: Very little is known about the deep seabed.2025-07-21T14:48:25-07:00

It is an ‘old saw’ that we know less about the deep sea than the moon. While that may have been true in 1969, the last few decades have seen tremendous amounts of data collection and scientific research on the environmental conditions of the sea floor—much of it enabled by the interest in seabed mining.

The comprehensive Environmental Impact Assessment (EIA) studies conducted within a specific mining area for planned mining operations provide a detailed understanding of the environment, enabling us to predict potential impacts and subsequently inform regulators’ decisions on whether to issue exploitation permits. Several have been already completed in licensed areas of the Clarion-Clipperton Zone, for example.

As there has been exploration activities in the deep sea and abyssal plains for decades, there is actually a tremendous amount of raw data. The problem is that there has been limited funding to process and structure this data — and substantial funding only will become available when commercial activity is permitted.

The International Seabed Authority (ISA) DeepData Database contains data collected from mining contractors since the early 2000s. At the time of writing, this includes:

  • Number of scientific cruises: 148
  • Total Samples: 759,628
  • Total Bio Samples: 150,920
  • Total Geo Samples: 608,708

Globally, several programs are combining data to provide a better understanding of our oceans. 

  • Seabed 2030 aims to map the entire ocean floor by 2030.
  • The World Ocean Database hosts the world’s largest database of data about the ocean water column (temperature, salinity, oxygen, nutrients, etc., by location & depth).
  • The Ocean Biodiversity System hosts open-access data on marine biodiversity, connecting 500 institutions from 56 countries.

For more details, see our blog post: Data from the Deep Seabed: What Do We Know?

Myth #2: Deep sea mining threatens our planet’s largest carbon sink.2025-07-21T14:52:09-07:00

Some have argued that because the ocean is the largest carbon reservoir on Earth, holding significantly more carbon than the atmosphere or terrestrial biosphere, deep sea mining would release carbon.

However, the reality is that less than 1% of the CO2 sequestered in the ocean’s upper layers reaches the deep sea floor annually. As the carbon-based organic matter sinks to the bottom of the ocean, much of it is processed before reaching the ocean floor. ​​Due to lower productivity and reduced input of organic matter, deep-sea sediments have an overall low organic carbon content of approximately 0.05% of the dry weight of the sediment. Nodules do not sequester CO2 and do not contain a meaningful amount of carbon. Sediment disturbed by the collector vehicle has no pathway to the atmosphere. Local sediment disturbance has shown not to rise more than a few meters, many meters away from phytoplankton, which need light for photosynthesis. Impossible Metals has no riser system with a mid-column discharge plume, so this will not impact phytoplankton photosynthesis.

Any possible carbon sink impacts will be confirmed by scientists as part of the Environmental Impact Assessment (EIA) before permission is granted to start mining. See more details in the ISA Fact-check 2024/1 – The carbon cycle in the Area.

Myth #3: The deep ocean has a similar amount of life as the shallow ocean.2025-07-21T17:16:28-07:00

Often, we see images of the shallow ocean alongside calls for a moratorium on deep sea mining. The implicit message is that the deep ocean has a similar amount of life. While the lack of light or life in the deep sea makes pictures a relatively uninteresting complement to articles or fundraising appeals, this is like using a picture of the rainforest to illustrate the desert.

The deep ocean receives no sunlight, has no plant life (flora), and the vast majority of life is microscopic (e.g. bacteria). Every few kilometres or miles, megafauna (life bigger than 1cm) is present, but it is very rare. The deepest diving marine mammal is the Cuvier’s beaked whale, which can dive to a depth of nearly 3,000 meters (9,816 feet) according to Whale Scientists. This is well above depths of 4-6km (2.5 to 4 miles), where deep sea mining for nodules will occur. Our Eureka Collection System uses AI to avoid disturbing megafauna and is programmable to leave any percentage of the nodules undisturbed. The Eureka Collection System is initially set to leave 60% of the nodules undisturbed but can be adjusted to meet changing requirements.

Below are two videos of the actual seabed recorded with remotely operated vehicles (ROVs).

From the BGR (German) area of the Clarion-Clipperton Zone (CCZ)

From the Moana Minerals area of the Cook Islands EEZ

Myth #4: Deep sea mining causes significant and irreversible damage.2025-07-21T14:53:02-07:00

Opponents of deep sea mining argue that it will damage a pristine environment in an irreversible way. This belief does not account for the impacts of existing mining sources or the opportunity to minimize mining impacts through technology.

All mining removes natural resources from a location, but it has been pursued throughout human history as an indispensable part of economic production. Historically, mining has had a profound and multifaceted impact on civilization, shaping economic growth, technological progress, and infrastructure, while also contributing to environmental degradation, social conflict, and geopolitical tensions. Without mining, there would be no civilization and no technology. 

As demand for critical metals increases due to the energy transition, vital infrastructure requirements, digital transformation, and defense resilience, the question becomes: where should mining take place?

We believe it should come from places with the least amount of biomass, where the vast majority of life is microscopic, and no humans are living close to the mine. This is the ocean’s abyssal plains, which are located between 4,000 (2.5 miles) and 6,000 (4 miles) meters deep. Currently, ~75% of nickel is mined in rainforests, and 75% of cobalt mining originates from the Democratic Republic of the Congo (DRC), with significant environmental and social impacts, including human rights abuses.

Technological innovation can also mitigate the impacts. Impossible Metals’ approach focuses on creating the most environmentally responsible form of mining. Far from creating irreversible damage, this approach maintains existing ecosystems—something never before achieved in mining. See FAQ B.6 What is Impossible Metals’ plan to protect the marine environment? for more information on what that entails. Deep sea mining can be the lowest-cost and lowest-impact source of critical minerals, enabling policies to stop sourcing minerals from rainforests or locations that use child labor.

Myth #5: Deep sea mining is economically risky.2025-07-21T14:53:20-07:00

Because deep sea mining involves such incredible technology, capable of operating in one of the universe’s most demanding environments, some assume that it will be economically risky. And it is true that all first-of-their-kind projects employ more risks than established industries. However, the rising demand for critical minerals and the surprisingly low costs of deep sea mining—particularly with Impossible Metals’ innovations—make it a potentially significant new industry.

The demand for critical metals is enormous and growing. In 2025, the total market for nickel, copper, cobalt, and manganese is approximately $450 billion per year, and is projected to reach $650 billion by 2030.

The cost to mine and process nickel using Impossible Metals technology is expected to be approximately 10x less expensive than the average land-based mine in 2024. For more details on why costs are so low, please see this blog post: Why Will Deep Sea Mining Be Less Expensive Than Traditional Land-Based Mining?

In our latest concept economic model (v6), we demonstrate how ‘Project 1’ will collect 6.7 million metric tonnes of nodules per year, generating $4 billion in revenue and a net profit of $1 billion per year. This is while leaving undisturbed 30% of the nodules by mass (60% by quantity, selecting the largest nodules).

Myth #6: Countries representing millions globally are against deep sea mining.2025-07-21T14:53:27-07:00

A number of countries are listed as having signed up for a moratorium, pause, or ban. It primarily signifies that:

  • Legal structures should be in place to properly regulate deep-sea mining and
  • Deep-sea mining should only occur if it can be managed in a way that ensures effective protection of the marine environment.

These principles align with the purpose of the approval processes established by regulators such as the International Seabed Authority (ISA) and other national regulators, including the Cook Islands Seabed Minerals Authority (SBMA) and the Bureau of Ocean Energy Management (BOEM). 

A key component of the regulatory process is the Environmental Impact Assessment (EIA), which must be approved by the regulator before any mining can commence. The EIA documents the potential impacts of a particular mining project in a particular location, and outlines prevention and mitigation measures. Based on this assessment, the ISA determines whether the net impact is acceptable and whether mining can proceed.

The similarity in the purpose of moratoriums and approval processes gives the impression that jurisdictions are saying “no” to DSM. However, this isn’t entirely accurate. Essentially, signing onto a moratorium means supporting the completion of a robust mining code—something these countries are already doing, and a goal that Impossible Metals shares.

To date, 40 countries have adopted national legislation for deep sea mining and are listed in the ISA databaseSee more in our blog post: What Does It Mean to Support a Deep-Sea Mining Moratorium?

Myth #7: Deep sea mining could harm vital fisheries.2025-07-21T14:53:34-07:00

Communities with long traditions and deep economic ties to fishing are understandably concerned about potential impacts on fish. Fortunately, deep sea mining takes place miles away from fish, and has been shown to avoid impacts that could disturb fish—especially with Impossible Metals’ approach.

Fisheries stocks are not present on the deep ocean abyssal plains where we find polymetallic nodules. Local sediment disturbance has been shown not to rise more than a few meters, many kilometers (or miles) away from phytoplankton (food for fish), which need light for photosynthesis. Impossible Metals has no riser system with a midwater discharge plume, so this will not impact phytoplankton photosynthesis. 

Potential fisheries impacts will be confirmed by scientists as part of the Environmental Impact Assessment (EIA) before permission is granted to start mining. 

See more details in the ISA Fact-check 2024/2 – Status of fishing activities in the Area.

Myth #8: Deep sea mining will not replace terrestrial mining.2025-07-21T14:53:50-07:00

Recently, most of Australia’s nickel mines have been placed into care and maintenance, due to low nickel prices and competition from Chinese-operated mines in Indonesia. The extra supply of Indonesian low-cost nickel caused the global prices to decrease, resulting in high-cost Australian mines becoming uneconomical. 

When low-cost deep sea minerals come to market, this new supply will cause the global nickel price to decrease further. In addition to the high-cost producers, the mid-cost producers will also become uneconomical and will close. As a result, deep sea mining will start to replace terrestrial mining, although it will never replace it 100%. It will also make it very unlikely that new terrestrial mines will open.

Policy can also make a difference. In the U.S., for example, the Uyghur Forced Labor Prevention Act has made significant strides in prohibiting the importation of goods into the United States manufactured wholly or in part with forced labor in the People’s Republic of China. If more countries had secure domestic supplies of critical minerals, it would strengthen their ability to take similarly aggressive action against goods manufactured with minerals mined with forced labor or from rainforests.

Myth #9: There is no regulation of deep sea mining.2025-07-21T14:56:52-07:00

While not every jurisdiction has completed their final regulations for full scale commercial mining, deep sea mining has been regulated for decades. No commercial seabed mining has happened yet, precisely because of these regulations, which prohibit deep sea mining without a license.

The International Seabed Authority (ISA) adopted the exploration regulations for polymetallic nodules on July 13, 2000. Since then, 31 exploration licenses have been awarded. A draft set of regulations governing commercial extraction has also been under discussion at the ISA since 2011, when Fiji requested the ISA to prepare a work plan for adopting the extraction mining code, with iterative revisions released (e.g., 2015, 2017, 2018, 2019, 2024). The ISA has undoubtedly been delayed by motivated opponents hoping to stop all deep sea mining, but the issues are well understood and the ISA could finish their commercial mining regulations within a year. 

Other nations, including the Cook Islands, Japan, Mexico, Norway, Papua New Guinea, Saudi Arabia, Sweden, and the U.S. , have already completed exploration and/or commercial mining regulations. These regulations allow for mining in domestic Exclusive Economic Zones, generally within 322km (200 miles) of their shoreline. In the case of the U.S., domestic law also permits U.S. companies to apply for mining licenses in international waters; two such licenses were issued several decades ago and remain active.

Myth #10: Deep sea mining endangers cultural connections to the oceans.2025-07-21T14:53:58-07:00

Many coastal communities have strong cultural and historic ties to the oceans. Respecting these connections while benefiting from marine resources is something that many industries must manage, from fishing to tourism, from shipping to offshore oil and gas.

Deep sea mining activities must be respectful of cultural heritage through engagement with any and all communities that are geographically linked to the resource areas where mineral harvesting is taking place. All deep sea mining will detect tangible cultural heritage (e.g. a ship wreck) and should avoid disturbing the wreckage. The draft ISA mining code, for example, contains a section specifically devoted to regulating these issues.

Because the ecological forces that lead to the development of seabed mineral resources like polymetallic nodules only occur at depth, deep sea mining of polymetallic nodules will be a hundred or more miles (~160km) away from any land mass, at depths of between 2.5 and 4 miles (4-6km). International waters are typically thousands of miles or kilometers away from any habitable landmass. 

Every day, land-based mining results in immediate and devastating consequences by displacing communities, destroying ecosystems, and violating the human rights of Indigenous peoples who have lived in harmony with these lands for generations. These impacts are direct, visible, and culturally irreparable. Deep-sea mining offers the opportunity to replace those mines with sources in distant, uninhabited parts of the ocean’s abyssal plains that lack the immediate cultural and human toll that we see on land. Protecting living cultures and human dignity must take priority. See more on the blog post: Illegal Land-Based Mining Consequences and How Deep Sea Minerals Can Help.

Myth #11: Eureka III generates 23,000 times the rate of natural sedimentation.2025-07-21T14:54:04-07:00

Some have argued that the natural sedimentation rate of the ocean is only of the order of 1-2 mm/thousand years, to imply that any sediment disturbance in the deep sea is unnatural. However, this is factually inaccurate. This number ignores benthic storms and seismic activity on the seabed floor, which significantly increase the sediment rate. Hence, we will not generate 23,000 times the rate of natural sedimentation.

The exact amount of sediment disturbance for each mining project will be confirmed by scientists as part of the Environmental Impact Assessment (EIA) before permission is granted to start mining. The sedimentation rate will depend on the particular sediment composition in an individual site and the technology used, but it is established that the Eureka Collection System generates a fraction of the sediment disturbance compared to the dredging/riser technology developed by the other DSM companies.

Myth #12: Impossible Metals AI computer vision will not work.2025-07-21T14:54:10-07:00

The AI machine/computer vision is looking for three things. The seabed, nodules, and anything else. We assume anything else is life that we want to avoid disturbing. Hence, we do not need to train the AI, nor do we need to have seen life before encountering it. As there is no light at these depths, we control the illumination with our own lights, which significantly simplifies the computer vision complexity.

Some local sediment disturbance will occur when the nodule is picked. The cameras identify the location of the nodule in front of the vehicle. The nodule’s location is tracked relative to the robot through precise tracking of the vehicle position. With the nodule out of sight from the camera, because the robot’s position is precisely tracked, the nodule’s location is understood, enabling the arm to pick it up even without our system seeing it at the same time. With the nodule under the vehicle, the arm picks it, and any disturbed sediment is well behind the camera. Additionally, the vehicle will travel primarily into any existing current. Between the vehicle’s motion and the surrounding currents, any sediment distributed under the vehicle will remain behind it.

Myth #13: Recycling, substitution, or demand reduction can replace the need for deep sea minerals.2025-07-21T14:51:31-07:00

The International Energy Agency forecasts that the secondary supply of batteries and the reuse of nickel will represent just 3% of total demand in 2030 and 10% in 2040. There just is not enough material in circulation for recycling to move the needle in the next 25 years. To help close the demand gap, mining for new metals will still be essential.

Substitutions come with severe compromises, such as reduced driving range. 

Without new mineral sources, the only remaining option would be a diminished economy—families having one less car or turning off the air conditioner, or denying developing countries access to economic growth and the greater carbon intensity it brings.

Deep Sea Mining & Other Industry Glossary

Abyssal plains =  underwater plain on the deep ocean floor, usually found at depths between 3,000 and 6,000 meters. 

Areas Beyond National Jurisdiction (ABNJ) = The formal term for the international seabed, beyond any country’s borders otherwise known as the ‘Area’ or the high seas.

AUV (Autonomous underwater vehicle) = self-guided underwater robots used for exploration, mapping, and, in the case of Impossible Metals, the selective harvesting of polymetallic nodules. These vehicles are battery-operated and operate without tethers, utilizing onboard sensors and AI to navigate and make collection decisions in real-time. They are central to minimizing environmental impact by avoiding direct contact with sediment or marine life.

BBNJ (Biodiversity Beyond National Jurisdiction) Treaty = also known as the High Seas Treaty or the Global Ocean Treaty, is a landmark international, legally binding instrument adopted by the United Nations on June 19, 2023. It aims to ensure the conservation and sustainable use of marine biodiversity in areas beyond national jurisdiction.

Biodiversity = biological diversity among and within plant and animal species in an environment.

Bulk carrier or bulker vessel = merchant ship specially designed to transport unpackaged bulk cargo such as nodules. 

Bureau of Ocean Energy Management (BOEM) = a U.S. federal agency under the Department of the Interior that oversees the leasing and development of offshore energy and mineral resources on the Outer Continental Shelf. BOEM ensures that activities such as offshore oil, gas, wind, and mineral extraction are conducted responsibly, balancing energy needs with environmental protection.

CAGR (compound annual growth rate) = business, economics and investing term representing the mean annualized growth rate for compounding values over a given time period.

CCZ (Clarion-Clipperton Zone) = large area in the Pacific Ocean from Hawaii to Mexico.

Container ship or box ship = cargo ship that carries all of its load in truck-size intermodal containers.

Contractor = is a company, consortium, or state entity that has been officially licensed to explore or exploit mineral resources on the deep ocean floor, particularly in areas regulated by the International Seabed Authority (ISA) or within a country’s Exclusive Economic Zone (EEZ).

CFC (Cobalt-rich Ferromanganese Crusts) = ‘Crusts’ which form on sediment-free rock surfaces around oceanic seamounts, ocean plateaus, and other elevated features.

Critical Minerals or Metals (CM) = Copper, nickel, and cobalt which are essential components in many of today’s rapidly growing clean energy applications. Many governments maintain a list of critical minerals.

Deep Seabed Hard Mineral Resources Act (DSHMRA) = is a U.S. federal law passed in 1980 that establishes an legal framework for U.S. entities to explore for and recover hard mineral resources—specifically polymetallic nodules enriched in manganese, nickel, copper, and cobalt—from areas beyond national jurisdiction (the “Area”)

Department of the Interior (DOI) = a U.S. federal executive department responsible for managing the nation’s natural resources, public lands, and cultural heritage. It oversees agencies such as the National Park Service, Bureau of Land Management, and Bureau of Ocean Energy Management, playing a key role in conservation, energy development, and stewardship of federal lands and waters.

Dredging = a bulk collection method that involves machines that drag, vacuum, or scrape the seabed to collect polymetallic nodules and other mineral resources. This process typically involves disturbing large areas of sediment, which can create plumes, displace marine life, and damage sensitive ecosystems.

DP (Dynamic Positioning) = computer-controlled system to automatically maintain a vessel’s position and heading by using its own propellers and thrusters.

DSM (Deep Sea Mining) = process of extracting minerals from the deep sea.

ECS (Extended Continental Shelf) = area of the ocean which is part of a continental shelf that extends more than 200 nautical miles from the coast.

EEZ (Exclusive Economic Zone) = area of the ocean, generally extending 200 nautical miles beyond a nation’s territorial sea, within which a coastal nation has jurisdiction over both living and nonliving resources.

EIA (Environmental Impact Assessment) = series of baseline and technical studies, modeling, and analysis that aims to understand the receiving environment, the nature, and scale of impacts, identify mitigations, consult and liaise with regulators and stakeholders, interface engineering design and mine planning with environmental risks, assess optionality and weigh various alternatives. An EIA provides a formalized and transparent impact assessment that outlines how project pressures cause effects, how those effects work individually or in concert to cause impacts, and predicts the consequences of impacts in terms of their expected magnitude and duration.

EIS (Environmental Impact Statement) = tool for decision-making. It describes the positive and negative environmental effects of a proposed action.

EMMP (Environmental Management and Monitoring Plan) = is a comprehensive plan that outlines how a mining contractor will protect the marine environment before, during, and after deep sea mining operations. It is mandatory for any contractor applying for an exploitation license from the International Seabed Authority (ISA) or from a national government.

Eureka I, II, III. IV = Underwater robots (more formally called autonomous underwater vehicles, or AUVs) designed by Impossible metals for selective harvesting of polymetallic nodules from the ocean floor.

Eureka Collection System = The complete system for commercial mining of polymetallic nodules designed by Impossible Metals. This consists of the Eureka AUVs, SLARS, Vessel based media handling, Charing and battery swapping, Mainetance.

EV (electric vehicle) = vehicle that uses one or more electric motors for propulsion.

Exploitation license = a formal legal authorization that allows an entity to begin commercial extraction of mineral resources from the deep seabed. It follows an exploration license and is issued only when the contractor meets strict technical, financial, and environmental criteria. Also known as a ‘recovery permit’

Exploration License: a formal legal authorization that grants a company or government entity to 

  • Conduct geological, biological, and environmental surveys
  • Collect small quantities of mineral samples
  • Evaluate commercial mining potential & define the resource size & economic potential
  • Develop an environmental baseline
  • Design an Environmental Management and Monitoring Plan (EMMP)

It does not allow commercial-scale mining. That requires a separate exploitation license or recovery permit.

ISA (International Seabed Authority) = autonomous international organization that organizes and controls all mineral-resources-related activities in the Area for the benefit of humankind.

LARS (launch and recovery system) = a device that helps safely launch and recover autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) from a ship.

L(M)FP (Iron, manganese,  phosphorus) = battery chemistry cathode

Megafauna = animals of a given area that can be seen with the unaided eye.

NCA (nickel, cobalt, aluminum) = battery chemistry cathode

NMC (nickel, manganese, cobalt) = battery chemistry cathode

National Oceanic and Atmospheric Administration (NOAA) = a U.S. federal agency within the Department of Commerce focused on understanding and managing the nation’s oceans, weather, climate, and coastal resources. NOAA conducts research, provides forecasts, monitors environmental conditions, and supports marine conservation to protect ecosystems and public safety.

Outer Continental Shelf Lands Act (OCSLA) = a U.S. law enacted in 1953 that governs the exploration and development of offshore mineral and energy resources, including oil, gas, and renewable energy, on the Outer Continental Shelf (OCS). It authorizes the federal government, primarily through the Department of the Interior, to lease areas of the OCS, regulate activities, and ensure environmental protection and resource conservation during offshore operations.

PMN (Polymetallic Nodules) =  ‘nodules’ also known as manganese nodules, are mineral concretions on the ocean floor that contain valuable metals. See Wikipedia.

Prospecting = in mining is the first stage of the mineral resource discovery process. It involves searching for evidence of valuable minerals or metals in a specific area, usually through preliminary surveys and testing, before any drilling, excavation, or large-scale operations begin.

PSV (Production Support Vessel) =  large surface ship that serves as the central facility for deep sea mining operations. PSVs are typically modified from dynamically positioned drillships used in the oil and gas industry. Their primary functions are to: 

  • Collect, gather, lift, and temporarily store polymetallic nodules
  • Store, maintain and control the dredging tractor and riser system
  • Dewater the nodules
  • Provide power, control, and guidance to the subsea collector
  • House the crew that monitors and runs the operations

The temporary storage of nodules only has capacity for a few days of storage. When full, a Shuttle Transport And Resupply Ship (STARS) is required to transfer the nodules to port.

Note: Impossible Metals does need PSV.

Regulator = a governmental or intergovernmental authority responsible for creating and enforcing the rules that govern mineral activities in the ocean, especially in areas beyond national jurisdiction. These regulators ensure that mining is done responsibly, sustainably, and legally, balancing economic interests with environmental protection. E.g. ISA, BOEM, NOAA, SBMA.

REEM (Rare Earth Element Muds) = ‘Muds’ mainly contain rare earth elements in the seabed sediment.

ROV (Remotely Operated Vehicle) = free-swimming submersible craft used to perform underwater observation, inspection and physical tasks. The vehicle is tethered to the vessel.

SBMA (Seabed Minerals Authority) = is the national regulatory agency of the Cook Islands responsible for managing, regulating, and monitoring activities related to the exploration and potential exploitation of seabed minerals in the country’s Exclusive Economic Zone (EEZ)—one of the largest in the world.

Selective Harvesting = Rather than scooping or vacuuming everything in sight, Eureka underwater robots identify and pick up individual nodules while avoiding sensitive habitats, visible organisms, or sediment. This approach minimizes disruption and improves sustainability. 

Sediment Disturbance = This occurs when mining activities disturb the ocean floor, creating small sediment disturbance 

Sediment Plume = Large cloud of disturbed seabed sediment from deep sea mining operations. Impossible Metals’ AUVs hover above the seafloor, avoiding direct contact and significantly reducing this impact compared to traditional dredging and do not create enough sediment disturbance to form a plume.

SLARS (Smart Launching and Recovery System) = Impossible Metals technology which allows full autonomous operations of the LARS with a vessel without DP and in a wide range of sea states.

SMS (Seafloor Massive Sulfides) = ‘Vents’ appear on and within the seafloor when mineralized water discharges from a hydrothermal vent. 

STARS (Shuttle Transport And Resupply Ship) = specialized ships with DP used to supply the mining Production Support Vessel (PSV). Key tasks performed are:

  • Transfer of nodules from the PSV
  • Transport of those nodules to the processing facility
  • Transport of equipment, fuel and provisions to the PSV
  • Transfer of personnel to and from the PSV per crew rotas

Note Impossible Metals does need STARS.

TAM (Total addressable market) = metric that estimates the maximum revenue potential for a product or service if it were to capture 100% of a market.

Tailings: Waste materials from mineral processing, sometimes discharged into the ocean.

UNCLOS (United Nations Convention on the Law of the Sea) = established a comprehensive international legal framework to govern activities related to the global oceans.

USBL (ultra-short baseline) = method of underwater acoustic positioning as GPS does not work underwater.

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