AOMC, Odyssey merge to build $1B deep-sea miner
Company News · Mining.com ·
American Ocean Minerals and Odyssey Marine Exploration are merging to create a roughly $1 billion deep-sea mining company focused on securing critical minerals for U.S. re-industrialization. The combined entity will target polymetallic nodules containing nickel, cobalt, manganese, and rare earth elements essential for batteries, manufacturing, and defense.