Deep-sea mining has been studied and foreseen for at least 50 years, but it's never been economical. It is possible that current technology will allow for mining of nodules, but this still seems unlikely to me.
COMPLETED: Sponsorship Agreement
COMPLETED: Exploration Contract
COMPLETED: SK1300 NORI Technical Resource Statement; SK-1300 NORI-D Project Initial Assessment (PEA)(Excel tables)
SUBMITTED: Collector Test Environmental and Social Impact Assessment
APPROVED: Pilot Nodule Collector System Test
COMPLETED: Pilot Nodule Collector System Test
COMPLETED: Collector Test and Monitoring
June 27, 2025: Exploitation contract application submission expected
It is already underway and going live soon:
Below, our current progress report:
COMPLETED: Sponsorship Agreement COMPLETED: Exploration Contract COMPLETED: SK1300 NORI Technical Resource Statement; SK-1300 NORI-D Project Initial Assessment (PEA)(Excel tables) SUBMITTED: Collector Test Environmental and Social Impact Assessment APPROVED: Pilot Nodule Collector System Test COMPLETED: Pilot Nodule Collector System Test COMPLETED: Collector Test and Monitoring June 27, 2025: Exploitation contract application submission expected
https://metals.co/nori/