Critical Minerals
Polymetallic nodules are mineral-rich formations found on the deep ocean floor—the abyssal plains—at depths of 4,000–6,000 meters. Nodules grow as metals gradually precipitate from seawater, forming layers around a nucleus, such as a shark tooth, fish bone, or rock fragments. Glomar Minerals will unlock the untapped potential of nodules.
A Revolutionary Resource
Low Cost: Glomar Minerals will produce some of the lowest cost critical minerals on the market due to the high metal content. The most promising deposits are already known and are resting on—not under—the seafloor.
Light Footprint: Since Glomar Minerals’ nodules sit on the abyssal plain, harvesting can occur over 600 miles from any human settlement and at 4000+ meters of depth, with minimal disruption to what are some of the most nutrient-poor, lowest-biomass ecosystems on Earth.
Source of Security: Famed American geologist Charles Kenneth Leith’s 1938 observation remains true today: “While hundreds of scattered mineral deposits are still drawn on, the essential part of the world’s production now comes from a very few sources which because of their size and location are capable of development on the necessary large scale.”¹ Glomar Minerals’ abundant nodules will unlock new reserves and solve for the perpetual challenge of overly concentrated critical mineral supply chains.
A Rich, Diversified Mine that Can Be Stored: Polymetallic nodules contain high concentrations of four key critical metals in a single resource as well as rare earths, titanium, and iron. Nodules can be stored in perpetuity in a strategic reserve for future processing as needed.
1. Leith, C. K. “Mineral Resources and Peace”, Foreign Affairs, April 1938.
An Abundance of Applications
