Lockheed’s sudden departure leaves no Western mining contractor with pockets deep enough to finance the billions of dollars needed to launch a seabed mining operation.
Chile’s government plans to require all new lithium projects to tap a production technique that’s barely used commercially anywhere in a bid to reduce water losses.
Benchmark's lifecycle assessment of The Metals Co’s Pacific Ocean project shows nickel, cobalt from seabed perform better in almost every category including 70%-80% lower emissions than Indonesian nickel.