Why Now?

Rapidly Growing Critical Minerals Demand

• Copper demand over the next 50 years is expected to exceed all historical production; land-based supply alone may be insufficient
• China controls 50–90% of key critical mineral processing, creating significant supply chain and geopolitical risk
• Global critical minerals demand projected to increase approximately 3x by 2030 and 4x by 2040
• Nickel demand expected to nearly double by 2040, driven by the global energy transition

Regulatory Environment Has Shifted

• On April 24, 2025, the White House signed an Executive Order prioritizing the rapid development of subsea critical mineral resources
• Deep-sea mining is becoming increasingly viable due to technological advancements from the military and offshore oil & gas sectors
• Environmental impacts have been extensively studied by American academic institutions, the International Seabed Authority (“ISA”), NOAA, and through over half a billion dollars of investment from TMC alone
• The U.S. may begin leasing areas within Exclusive Economic Zones (“EEZs”) for mineral exploration

Rapidly Growing Critical Minerals Demand

• Copper demand over the next 50 years is expected to exceed all historical production; land-based supply alone may be insufficient
• China controls 50–90% of key critical mineral processing, creating significant supply chain and geopolitical risk
• Global critical minerals demand projected to increase approximately 3x by 2030 and 4x by 2040
• Nickel demand expected to nearly double by 2040, driven by the global energy transition

Regulatory Environment Has Shifted

• On April 24, 2025, the White House signed an Executive Order prioritizing the rapid development of subsea critical mineral resources
• Deep-sea mining is becoming increasingly viable due to technological advancements from the military and offshore oil & gas sectors
• Environmental impacts have been extensively studied by American academic institutions, the International Seabed Authority (“ISA”), NOAA, and through over half a billion dollars of investment from TMC alone
• The U.S. may begin leasing areas within Exclusive Economic Zones (“EEZs”) for mineral exploration

Rapidly Growing Critical Minerals Demand

• Copper demand over the next 50 years is expected to exceed all historical production; land-based supply alone may be insufficient
• China controls 50–90% of key critical mineral processing, creating significant supply chain and geopolitical risk
• Global critical minerals demand projected to increase approximately 3x by 2030 and 4x by 2040
• Nickel demand expected to nearly double by 2040, driven by the global energy transition

Regulatory Environment Has Shifted

• On April 24, 2025, the White House signed an Executive Order prioritizing the rapid development of subsea critical mineral resources
• Deep-sea mining is becoming increasingly viable due to technological advancements from the military and offshore oil & gas sectors
• Environmental impacts have been extensively studied by American academic institutions, the International Seabed Authority (“ISA”), NOAA, and through over half a billion dollars of investment from TMC alone
• The U.S. may begin leasing areas within Exclusive Economic Zones (“EEZs”) for mineral exploration

Rapidly Growing Critical Minerals Demand

• Copper demand over the next 50 years is expected to exceed all historical production; land-based supply alone may be insufficient
• China controls 50–90% of key critical mineral processing, creating significant supply chain and geopolitical risk
• Global critical minerals demand projected to increase approximately 3x by 2030 and 4x by 2040
• Nickel demand expected to nearly double by 2040, driven by the global energy transition

Regulatory Environment Has Shifted

• On April 24, 2025, the White House signed an Executive Order prioritizing the rapid development of subsea critical mineral resources
• Deep-sea mining is becoming increasingly viable due to technological advancements from the military and offshore oil & gas sectors
• Environmental impacts have been extensively studied by American academic institutions, the International Seabed Authority (“ISA”), NOAA, and through over half a billion dollars of investment from TMC alone
• The U.S. may begin leasing areas within Exclusive Economic Zones (“EEZs”) for mineral exploration

Rapidly Growing Critical Minerals Demand

• Copper demand over the next 50 years is expected to exceed all historical production; land-based supply alone may be insufficient
• China controls 50–90% of key critical mineral processing, creating significant supply chain and geopolitical risk
• Global critical minerals demand projected to increase approximately 3x by 2030 and 4x by 2040
• Nickel demand expected to nearly double by 2040, driven by the global energy transition

Regulatory Environment Has Shifted

• On April 24, 2025, the White House signed an Executive Order prioritizing the rapid development of subsea critical mineral resources
• Deep-sea mining is becoming increasingly viable due to technological advancements from the military and offshore oil & gas sectors
• Environmental impacts have been extensively studied by American academic institutions, the International Seabed Authority (“ISA”), NOAA, and through over half a billion dollars of investment from TMC alone
• The U.S. may begin leasing areas within Exclusive Economic Zones (“EEZs”) for mineral exploration