FAQs Archive

Q: F.4 What is Impossible Metals’ mission?

To harvest and process critical metals from the seabed while protecting the environment.

Q: F.3 What is Impossible Metals’ vision?

Accelerating clean energy by delivering the most sustainable critical metals.

Q: F.2 What is Impossible Metals' public benefit?

The corporation's specific public benefit purpose is to deliver responsibly mined and processed battery metals to the market in a manner that promotes sustainability, transparency, and accountability and to render a public benefit by accelerating the world's transition to sustainable energy to mitigate the climate crisis.

Q: F.1 When was Impossible Metal incorporated?

Impossible Metals was incorporated in 2020 as a Delaware B Corporation, a public benefits corporation (“B Corp”).

Q: C.15 Will there be a royalty for deep sea mining?

Yes. All mining typically has a royalty, paid for access to the resource. The ISA Finance Committee is working on equitable finance sharing from deep seabed mining. This is likely to result in a royalty. See the blog post “ For All Mankind: How Deep Sea Minerals Could Pay Children in Africa to Go to School Instead of Mining ” for more information.

Q: C.14 Why has the United States not ratified UNCLOS?

169 countries, plus the European Union, have ratified UNCLOS. This represents 7.5 billion people (93%) of the world's population. In the United States, there has been a vigorous debate over the treaty's ratification, with criticism primarily coming from political conservatives who raised concerns about the Convention’s impact on U.S. sovereignty. See more details in the 60 minutes TV program from March 2024.

F.4 What is Impossible Metals’ mission?

F.3 What is Impossible Metals’ vision?

F.2 What is Impossible Metals’ public benefit?

F.1 When was Impossible Metal incorporated?

C.15 Will there be a royalty for deep sea mining?

C.14 Why has the United States not ratified UNCLOS?

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