Polymetallic nodules are mineral formations that sit unattached and unburied on abyssal plains at depths between 4,000 and 6,000 metres.
Rich in Critical Minerals
Deep ocean polymetallic nodules range in size from a grape to a potato, but mostly golf ball size and shape with high concentrations of four key critical metals in a single resource (Mn, Co, Ni, Cu) as well as rare earths, titanium, and iron. In some regions, nodules have more contained metal of the above mentioned than the entire global terrestrial reserve base for those metals
Unlike traditional mining, nodule collection involves no blasting, no tailings dams, and no deforestation. The nodules sit on the seafloor surface and are harvested without the large-scale excavation associated with conventional open-cut or underground mines.
Abundant
Polymetalic nodules cover vast areas of the ocean floor, with higher abundance within the Clarion Clipperton Zone (CCZ), where Glomar Minerals holds significant exploration licenses. These are a world-class, multi-generational resource.