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Ocean miner says trial equipment 'withstands the pressures and temperatures' of the deep sea

Kitco Media
By Michael McCrae
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Ocean miner The Metals Company (Nasdaq: TMC) said today that its production trial was a success.

A four-kilometer nodule collector lifted ore to the production vessel. The trial was held in the Clarion Clipperton Zone, located in the Pacific Ocean.

"During a 60-minute pilot collection run across ~150 meters of the seafloor, ~14 tonnes of nodules were collected by the pilot collector vehicle, transported to the surface using a 4.3-km riser system and placed into the hold of the surface production vessel Hidden Gem," wrote the company in a news release.

"In the first such test in the Clarion Clipperton Zone (CCZ) since the 1970s, the pilot trials show that the Allseas-designed nodule collection system can withstand the pressures and temperatures of its deep-sea operating environment."

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Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

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