FAQs Archive

Q: G.1 Who are Impossible Metals competitors?

Impossible Metals has competition from land- and ocean-based mining companies for nickel, cobalt, copper, and manganese.

Q: E.6 Does Impossible Metals require a ship-to-ship transfer in the ocean?

No. As we do not require a production support vessel (PSV) we do not need to do the following transfers to the Shuttle Transport And Resupply Ship (STARS): Transfer of nodules from the PSV Transfer of fuel to the PSV Transport of equipment and provisions to the PSV Transfer of personnel to and from the PSV per crew rotation. This will be very expensive, and there are safety concerns. It will also reduce the number of days a year the mining operation can operate. For more details, see STARS; the missing link in dsm supply chain.

Q: E.5 Does Impossible Metals architecture require a production support vessel?

No. We avoid the cost and complexity of a production support vessel (PSV). Impossible Metals retrofits our smart launch and recovery system (SLARS) to the transport vessels. This has a massive saving in costs.

Q: E.5 Does Impossible Metals architecture require a production support vessel?

No. We avoid the cost and complexity of a production support vessel (PSV). Impossible Metals retrofits our smart launch and recovery system (SLARS) to the transport vessels. This has a massive saving in costs.

Q: E.4 Do you require dynamic positioning (DP) vessels?

Our current expectation is that some level of DP may be needed, and we continue to reduce this requirement with a target to minimize the use of this capability and ideally eliminate the need for installation of this capability. Our smart launch and recovery system (SLARS) has been designed with self-mobility of the hook to engage with the AUVs at a distance from the ship, enabling the potential for minimal use and capability of the ship's DP, and potentially the elimination of this functionality altogether.

G.2 Which countries control land-based mining for critical metals?

G.1 Who are Impossible Metals competitors?

E.6 Does Impossible Metals require a ship-to-ship transfer in the ocean?

E.5 Does Impossible Metals architecture require a production support vessel?

E.5 Does Impossible Metals architecture require a production support vessel?

E.4 Do you require dynamic positioning (DP) vessels?

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