FAQS: Environmental and Social Responsibility for Deep Sea Mining2025-07-30T17:20:53-07:00

Frequently Asked Questions (FAQs)

Please contact our team if you have any questions that aren’t covered here or would like to discuss your questions or feedback with Impossible Metals.

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Environmental and Social Responsibility for Deep Sea Mining

B.1 How do we know what the environmental and social impacts will be from deep sea mining?2025-01-08T16:14:12-08:00

That is the purpose of the Environmental Impact Assessment (EIA), which must be conducted before any mining is approved. This work typically takes 3-5 years and is performed under an exploration license that does not allow commercial mining. The cost is typically around $30–80M USD and requires many baseline studies with hundreds of scientists. All this data is made public. A regulator will decide if deep sea mining can start commercial operations only after the impacts are known.

For more details on the EIA, see this blog post.

B.2 How much of the seabed will likely be mined in the next 30 years?2025-04-28T14:51:01-07:00

There are 22 exploration-licensed areas for nodules. Let’s assume all areas go into production and no new areas are added. The average size of each licensed area is 75,000 sq km. Only 50% of that area is mined due to sea slopes, leaving marine protected areas. So the impacted area is approximately 22 * 75,000 * 50%  =  825,500 sq km over 30 years. The total surface area of the world’s oceans is approximately 361 million square kilometers. So deep sea mining for nodules will likely be just 0.23% of the world’s oceans after 30 years. 

In the case of Impossible Metals, we have committed to leave 30% of the nodules undisturbed by weight which is 60% by numbers, so the number would reduce to 577,850 sq km. or 0.16% of the world’s oceans.

Every year, 1.4% of the ocean is impacted by trawling fishing, according to a paper published in nature.

B.3 Will carbon stored in the ocean be released into the atmosphere and have an impact due to deep sea mining?2025-01-08T16:24:10-08:00

No. Although the ocean is the largest carbon reservoir on Earth, holding significantly more carbon than the atmosphere or terrestrial biosphere, sequestering about 25% of the annual anthropogenic CO2 emissions released into the atmosphere.

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 discharge plume, so this will not impact phytoplankton photosynthesis.

Impossible Metals has committed to Net Zero, so we will either offset any emissions from the ships, charging of the underwater robotics and metal refining, or use new technology to remove these emissions.

See more details in the ISA Fact-check 2024/1 – The carbon cycle in the Area.

B.4 Will fishing be materially impacted by deep sea mining?2025-07-21T14:59:50-07:00

No. 90% of global fishing activities are carried out within Exclusive Economic Zones (EEZ) and Extended Continental Shelf (ECS). Most deep sea mining exploration is in areas beyond national jurisdiction (‘area’), although the Cook Islands and India will have deep sea mining within their EEZ. Local sediment disturbance has been shown not to rise more than a few meters, many meters away from phytoplankton (food for fish), which needs light for photosynthesis. Impossible Metals has no riser system with a mid-water discharge plume, so this will not impact phytoplankton photosynthesis. 

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

B.5 What are the environmental concerns related to deep sea mining?2025-01-08T16:09:18-08:00

There are a few categories of concerns about the potential impacts of deep sea mining. Impossible Metals’ approach from our founding has focused on removing or minimizing these concerns to create the most environmentally responsible form of mining.

  1. Loss of Biodiversity: Identifying new species during deep sea exploration is common. These creatures may hold unknown discoveries for science or medicine, and there is concern that deep sea mining could result in their loss before we know they exist. Although “protected areas” (the ISA calls them “areas of particular environmental interest” [APEIs]) are left as non-mining areas, these protected areas are significantly distant from the mining areas, so the biodiversity in these areas differs from the mining areas.
  2. Sediment Disturbance & Pollution: Deep sea mining may disturb sediment, which can have various impacts, such as:
    1. Disturbance of animals that live in the sediment. These are typically small (or very small) creatures that spend all or part of their lifecycle under the upper layers of the very fine deep sea sediments.
    2. When sediment is disturbed, it sinks to the seafloor, which can smother animals that cannot move out of the way, like deep sea corals.
    3. Increasing toxicity in the water can harm marine organisms and bioaccumulate/magnify. This could impact fish food sources.
    4. Potential for release of stored carbon in sediment.
  3. Noise & Vibration Disturbance: Equipment used in the ocean may have sounds or vibrations associated with them, from the motors running dynamic positioning (DP) systems to keep ships in place to electromagnetic waves from various monitoring or communication systems. Plenty of sea creatures use particular wavelengths to communicate, like whales. Noise and vibration from deep sea mining have the potential to impact this communication, which could result in changing behaviors or migratory pathways.
  4. Light Disturbance: The abyssal plains where nodules form are very deep (4-6 km) and, therefore, very dark. There is concern that the introduction of light sources could impact sea creatures.
  5. Loss of Hard Surface: Polymetallic nodules often represent the only hard surface in these abyssal ecosystems, where the rest of the seafloor is composed of very fine sediment. Some animals attach to the nodules, like deep-sea corals and sponges. Other animals use the nodules to move around, similar to how it takes less energy for a person to walk on a sidewalk than on soft sand.
  6. Emission of Greenhouse Gasses: Management of emissions will be a key task for the deep sea mining industry. Ship fuel will account for a significant proportion of emissions, providing energy for ship movement and the variety of tasks the ship will perform. This includes ship dynamic positioning (DP) and the riser system in a traditional architecture.
B.6 What is Impossible Metals’ plan to protect the marine environment?2025-01-08T14:59:59-08:00

Impossible Metals was explicitly founded to address the environmental concerns surrounding deep sea mining of polymetallic nodules, so here’s how we address each of the five concerns listed in the previous answer:

  1. Loss of Biodiversity: By avoiding picking up visible life (megafauna) and leaving behind a percentage of nodules, our system minimizes the potential for destruction of animals for their own sake, for the ecosystem, and for any potential human uses.
  2. Sediment Disturbance & Pollution: Our underwater robots—formally known as Autonomous Underwater Vehicles (AUVs)—have a variety of features that minimize sediment disturbance:
    1. Our AUVs hover over the seafloor so they do not disturb sediment from landing or driving over the seafloor.
    2. The buoyancy engine makes the robot positively buoyant while it hovers over the seafloor, meaning thrusters push upward, not downward into the sediment.
    3. Robotic arms/claws pick up nodules individually, minimizing sediment pickup.
    4. The AUVs move up and down the water column, avoiding the need for a riser pump system and its discharge plume.
  3. Noise & Vibration Disturbance: Our sound emissions are relatively low. Most sound subsea will come from the acoustic communication system, subsea thrusters, and buoyancy pumps. The surface sound will be from the ship and the launch and recovery operations of the underwater robot. As part of our equipment’s environmental design basis, we have aimed to generate minimal sound. In particular, we have aimed for minimal sound compared to dredge-based equipment. Substantial sound comes from DP {Dynamic Positioning) ships and the riser system. We do not require DP or risers. Our sound profile is small compared to other technologies.
  4. Light Disturbance:  Today, we use visible white light. We are working with marine scientists to determine the best wavelength (color) to have the least impact. In production, we may reduce the light power by using more sensitive sensors in our cameras. We will work with scientists to measure the effect on the marine ecosystem.
  5. Loss of Hard Surface: Selective harvesting allows us to leave behind a percentage and/or pattern of nodules that maintain the ecosystem’s hard surface and avoid nodules with attached visible life (megafauna). Our current economic models assume we will leave 20% of nodules behind, but this estimate will be refined through study and discussion with scientists.
  6. Emission of greenhouse gasses: Our plan for producing responsible metals includes a commitment to net zero. This means we will minimize emissions as much as possible, and use carbon offsets for any remaining impacts. We report annually on our environmental impact. Our selective harvesting system design minimizes emissions in the following ways:
    1. AUVs are electric, and we are investigating renewable energy sources for battery charging
    2. No riser pump, ship-to-ship transfer, or onboard separation of nodules from sediment and water
    3. We are working on a launch and recovery system that does not require our ships to have dynamic positioning.

B.7 How will Impossible Metals prove selective harvesting has a lower environmental impact than competing technologies?2025-01-08T15:04:14-08:00

The only way we can prove our impact level is to collect nodules from the seafloor, so that is what we will do. We will carry out a test where our robot picks up nodules, typically called “component testing” or “test mining,” depending on scope. During this test, there will be a wide range of environmental monitoring to characterize the environmental impact, including sediment monitoring and a photomosaic with detailed imagery before and after the test. Before the test, sediment modeling will be carried out to estimate the sediment disturbance. Impossible Metals is committed to transparency about all modeling and monitoring results.

Impossible Metals is collaborating with BGR to test our hovering selective harvesting robot for collecting critical metals from the seabed. See the press release.

B.8 How does Impossible Metals work with marine scientists?2025-04-28T15:02:48-07:00

Impossible Metals started engaging with marine scientists early in our company’s history, with initial discussions about selective harvesting in April and May 2022. Since then, we have continued to engage scientists to discuss vehicle testing and monitoring and will continue to carry out this engagement as we develop our technology. Additionally, we will leverage the expertise of marine scientists to monitor the environmental impacts of selective harvesting during testing.

See the roundtable summaries.

B.9 What are the standards that Impossible Metals has committed to following for responsible metals sourcing?2025-01-08T15:16:53-08:00
  • Protects safety and human rights.
  • Are carbon neutral.
  • Maximizes the potential for recycling and circularity.
  • Eliminates toxic waste.
  • Avoids widespread habitat destruction.
  • Avoids water scarcity.
  • Avoids loss of biodiversity.
  • Avoids displacing Indigenous people or communities.
B.10 What data has Impossible Metals published?2025-04-28T15:05:07-07:00

Impossible Metals has published the following data to its public data folder:

  • ESG Annual Reports
  • Eureka I Demo Days May 17-18, 2023
  • Eureka II Demo Days Nov 12-13 2024
  • Eureka III BGR test in CCZ
  • MediaKit
  • Ocean Deployment – Public Data
  • Public Presentations
  • Scientific Engagement Round Table Reports
  • Techno Economic Analysis (TEA)
B.11 What is Impossible Metal’s commitment to the UN Sustainable Development Goals (SDGs)?2025-01-08T15:37:42-08:00
B.12 Do we know enough about the deep ocean to start deep sea mining?2025-01-08T15:38:11-08:00

If you were to point to a random point in the deep ocean, we likely would need more information to start mining there. However, the areas proposed for deep sea mining are some of the best-explored areas of abyssal plains in the world. In international waters, at least three years of environmental baseline information must be collected, characterizing biodiversity and the ecosystem, the physical and chemical characteristics of the water and sediment, and their interactions. Some exploration permit holders have been doing baseline studies for over 20 years! For more on this topic, check out our blog, “Data from the Deep Seabed – What Do We Know?

B.13 What are the most significant human impacts on ocean life?2025-01-08T15:38:55-08:00

Currently, deep sea mining is not occurring. Existing industries that impact ocean life are fishing (particularly bottom trawling), oil and gas, offshore wind, and shipping. Bottom trawling is of particular concern as it scrapes the ocean floor, destroying and disrupting habitats and ecosystems. Bottom trawlers catch 26 percent of the total global marine fisheries catch. Additionally, many industries contribute to the global issue of climate change, which impacts the ocean through warming, deoxygenation, and ocean acidification.

B.14 What are the environmental & social impacts of land-based mining for nickel?2025-01-08T15:39:28-08:00

Land-based nickel mining has significant environmental impacts, with the severity varying based on the regulatory frameworks in different jurisdictions. Indonesia and the Philippines produced 58.2% of the world’s nickel in 2022, largely from deposits located beneath rainforest ecosystems. In addition to environmental destruction, poor social protections put local communities at risk, including Indigenous communities, which have the right to free, prior, informed consent under the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP).

Watch a video about Indonesian nickel mining (BBC News)

Watch a video about Philippines nickel mining (FRANCE 24)

 

B.15 What are the environmental & social impacts of land-based mining for cobalt?2025-01-08T15:40:04-08:00

The Democratic Republic of the Congo (DRC) supplies an overwhelming 68% of the world’s cobalt and has half of global land reserves, so the significant impacts in the DRC are especially notable. Amnesty International reports that cobalt (and copper) mining in the DRC has led to “the forced eviction of entire communities and grievous human rights abuses including sexual assault, arson, and beatings.” Additionally, it is well-documented that DRC mines use child labour. The US Department of Labor states that, “While mining is on the DRC’s list of hazardous activities for which children’s work is forbidden, the majority of cobalt mining in the DRC is done informally, where monitoring and enforcement are poor.” These social issues in the DRC are compounded by environmental hazards, such as deforestation, toxic tailings, and soil erosion/degradation that further threaten human health and wellness.

To learn more, check out “Cobalt Red”, a book by Siddharth Kara.

B.16 What is Impossible Metals’ stance on calls for a deep sea mining moratorium, pause or ban?2025-01-08T15:40:33-08:00

We want the environmental bar to be set high and for the industry to innovate to reach it.  A ban would stop innovation and remove significant funding for scientific research. It is well established that we will need a lot of critical minerals for the energy transition away from fossil fuels (e.g. IEA, World Bank Group). Deep sea mining represents an opportunity for environmentally and socially responsible access to these resources. Consumer demand for responsibly sourced materials is rising, so we should define what that looks like and empower the innovators to do their work. We also feel that a holistic approach to critical minerals is required. A deep sea mining moratorium, pause, or ban would only result in more land-based mining impacts and will make it impossible to achieve Net-Zero by 2050.

B.17 NGOs cite that many countries and companies have signed up for a moratorium, pause, or ban. What is Impossible Metals’ view on this?2025-03-10T12:31:30-07:00

A number of countries are listed as having signed up for a moratorium, pause, or ban. Although these countries may have made public statements, the vast majority have not passed legislation. In fact, these countries have signed UNCLOS, which legally commits them to deep sea mining regulated by the ISA. Some of these countries have sponsored exploration applications. If they legally supported a moratorium, pause, or ban, they would be in violation of their legal obligations and could lose their exploration areas.

A number of companies are listed as having signed up for a moratorium, pause, or ban. The wording says, “Before any potential deep seabed mining occurs, it needs to be clearly demonstrated that such activities can be managed in a way that ensures the effective protection of the marine environment.” This is the purpose of the Environmental Impact Assessment (EIA), which must be approved by the regulator before any mining can start. After a regulator approves an exploitation application, the EIA will provide for protecting the marine environment. So, any companies that have signed the moratorium will be free to purchase deep sea minerals.

See this blog post for more information.

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 = bulk collection method 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 not 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 and wireless communication as GPS and WiFi do not work underwater.

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