on proposition. by our to These value should slides familiar So now. be
them on over quickly reminder and go size grade. I'll resource our resource a So as
and US passenger NORI to contain situ XXX cobalt of areas the TOML the million roughly vehicles entire Our equivalent nickel, quantities or about of requirements manganese in and copper, fleet.
their number released across An and within and commodity the a TMC's successfully resource needs high grade projects mining.com world's March, profitable year, largest at again large that the nickel same resource two TOML two. at very the either to this to sector undeveloped rankings axiom In top of be or cycles. one be is updated TMCs and NORI remain XXXX the number developed
D highest is metals with same grade, And among grade the in having and outlier a with the nodules nickel the nickel four X.X% equivalent NORI key peers an TMC with equivalent resource. the largest of resource
likely decades. been of And successfully former them. expect the the others, we for on and tons including was the and grade we have develop where have environment processing latter. exploitation going among the like the US BP been occurred consortia soon But nickel metals this have of copper have there the in and for in regulatory of nodules resource exploration attempted international now not tapped Steel, collecting to And a to waters. XXXXs, Sumitomo ago Shell and then and resources allow resources if that would thousands of it several course, land, It's and down ages and to
I'd like ISA to summarizing the and play the video structure application now process. a short
three under For those just long. on is the phone, the video minutes
[Video Presentation]
with end and were while or the the legally the are thumbs July, a closed reality And a is waiting down, part that an up process for the at this ISA to of is breath ongoing obligated its fulfill. that session. ISA So of some thumbs XXth bated two members one
and of states. it's motivation which see to such, in the this question As sincere ISA significant if level express Kingston, to but a were thanks begins, new would and my not when. all among of progress member industry members for high collaboration pleased the We I like to made
body parties is, time meetings, delivering XXXX of The carefully a massive of mining to And their month's given after negotiations, the this application the is session. submit multilateral need ISA obligation the was of fact more code. fulfill NORI And work. ISA legal clear last intends listening following now the an it July nature during to
more XXXX. to adoption give through measure for one time outlined ISA's in and providing an us the work additional sessions system for campaign XXXX integrated under will recovery offshore roadmap our while dataset from This environmental ecosystem intersessional year additional time strengthen on our test, the three to agreed
in ensure representing member that environment, or, of with protection The states in minority on latest negotiating ISA called line meeting, precautionary pause clear their of expressing the ISA majority as of a participating mining. continued sessions, deep for marine a pressure the support members, sea regulations saw from their ban legal XXX one robust case, the have a ISA or moratorium XX states, NGOs, strong for obligations. a under prior in
finish However, November year. reiterated has a changed. the now regulatory July, the obligation code obligation the consensus decision reached. compromise consolidated not is this forward mining this in sight. look was the on we following deliver to the at We in states within to legal member And next meeting text And believe line
XXXX the agreement a reporting are yellow, the upon And and of the focuses that while on of often Law states, countries by ignoring Convention in developing sponsoring a our media change entire relied are problem which implementation have Sea Tonga, documents legally continents, solve member highlighted the sometimes UN such climate in only this system to participate did states, and who new this Nauru as and create. through they means industry, not help
of and environmental industry successful to result largely our test collecting our the In program, to impacts and verified some contractors. system integrated campaign leading expert alone, environmental as infield over terabytes data marine data, to world's institutions we as turning gathered a engaged XXXX And of nodules. we've of research XXX monitoring environmental of provide the
available campaigns the the to can now of environmental peer published data This added in public reviewed wealth compile that definition baseline that offshore and which over and data via decade, has been XX resource be past has NORI databases. from conducted made papers
to data abundance Biodiversity the platform, that had all Ocean OBIS, announced Information organisms. world's platform scientific by System, we diversity, July, NORI on submitted In knowledge data largest of the or to ISA's deep published the been the base and distribution marine
just on two XX% And NORI's node, XX ISA from records. single now of has total with campaigns largest data OBIS provider to data NORI of OBIS, available the providing become
in pelagic and data symmetry, coming money the we're as funders forward ocean, one off data research well scientific as of of of sharing geochemistry, the concerning paying is delighted biodiversity largest our all that our ocean the campaigns As deep time and in we and remaining investment additional look to from months.
information, society NORI's through intensive benefits analyzing been open times some has publication labor occurrences this Since downloaded XX are specific total taxa process we NORI of and has of go to this So over in seen making wealth dataset the million of interrogation XXX times. July, while clear. the of downloaded
are multiple water In environmental as plumes to plumes addition are a while the as providing speculation and how cloud key another we sediment to nodule plumes, these during after is continues biodiversity, lines much to the sediment evidence impact impacts distributed. clearer consider to collection. now far of And impact picture of the of
of researchers sediment the field MIT seafloor. plume during to Professor disturbed meters it's peacock these like [Technical contractor conducted in Thomas and a that dynamic they deep have as XX% what system study, conjecture. remained sea within Scripps different noted of quite the to in at the fellow GSR by sediment by two of conclusion plumes And to some XX% found trials offshore at Leading of led experts compared their of look picture Difficulty]
in experts by [Technical findings support D And Difficulty]. leading own on at ground, DHI the the our preliminary area, NORI
collector stations at during built Our clarity to last brings some using every teams DHI to of that XX this had data, plume year. actually a noise extreme depths. these NORI's over the monitoring model plumes aspect behave trials and have to monitor how And
short plume. And of a clip you I'd to this like video show
concentrations representing water densities, of So from under different be to during the a and data highly mg/liter, that previous movement based unlikely generated purple highlights show and year's that observation. transport weight, And represent less contract rapidly localized have video the currents, based on note what's profound sediment this density the boundaries was mixture combination mining, of on collected flocculation, impacts highly purple current plume represents dynamics. a than preliminary the plume and was lowest. course, and disturbed colors extend that spreads last the plume not effect particles projections the from here of mining formation impeded not bands area own early zero cloud eye. yellow with a has and would indicating with the which will the water speculation the around of the through seafloor test of of blue the are sediment the the XX settles footprint beyond speculation where that as density infield its sediments the predicted, And to is and on which, visible background the plume sediment of The be highest important to at naked
study we these are the The weeks. radically a findings, claims picture some will to released final on NORI's activists. be out coming different colorful of seeing plume there the of in preliminary results But by put based
look speculative red. now getting we're from area contract impacts very to reality. But image infield scary still as denoted in possible. plume the as the data It's Blue modeling a a is film, this observed exploration of that shows in page, different with this TOML meant On Peril
of Preliminary data in movement test flow formation seabed at of on benthic boundary effect indicate on settling generation profound a dynamics flocculation, plume our rapid impeded plume the mining a the sediment. combination current resulting distributed the water collected at during have the density that and of layer
the And predicted are of around early localized the to and projections beyond indicate extend mining that not be will release. plume boundaries impacts from footprint highly
of not gross new data this test plume during that simply speculative, makes expected informed the the situation. So collected actual highly exaggerations have by models mining as information uninformed, been and
how through the you taken consider we've important relative collection, and So think nodule it's also to but the impacts mitigating of measuring absolute we about impacts.
the For highest to planet's production happens be – over richness Indonesia. surface. the XX% the nickel, country the In contrast, species also covering common most with highest one is abyssal Earth's desert of the with ecosystem the
And biodiversity, and fraction while some life, the the deserts laterites than kilometers it does to amount important on on example, are our of nickel in found life the is even depth, where have X biomass, X at found land. that of a amount less kilometers the for seafloor of
In this with the at X kilometers. of flora. extreme depths contend with food must there absence over pressures, region and is And low of sunlight, what of availability poor zero is temperatures fauna a
based roughly NORI XX% key cobalt and a lifecycle released of the XX% of results Benchmark quantity conducted metal of of D conventional impacted the representing upward land for lower supply just sets copper. compared We nickel production apart a assessment But project the recently beginning of and land. for routes, by biomass on which from the to nodules be to is Area what production
outperformed terrestrial consumption D potential, including all routes global all categories impact NORI the waste in water generation. project nickel, for And and warming assessed,
from from way, from data sourcing equivalent the level lower findings ESIA, we we drive our will releasing supports as potentially which materials the customers carbon believe of nodules particularly Benchmark. So key ultimately emissions continue
like very of compare studies nickel believe that a pricing, by battery And with produced nodules initiatives kilogram of other that and to of nodules produced such the need is footprint and prepared kilogram thanks And land. passports mines strong. on same carbon of the from TMC Benchmark, customers carbon of nickel the from science-based the to will tools we development case as with
valuation. and to discuss I'd to the turn financials to like now it back Craig