TMC & SGS Produce World-First Nickel Sulfate from Deep-Seafloor Polymetallic Nodules [Yahoo! Finance]
SGS SA ADR (SGSOY)
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Source: Yahoo! Finance
The nickel sulfate was produced in a testing program conducted in collaboration with SGS and other industry leaders applying TMC's efficient flowsheet design that processes high-grade nickel matte direct to nickel sulfate (without making nickel metal) and produces fertilizer products instead of solid waste or tailings TMC holds exploration rights to the world's two largest-ranked undeveloped nickel deposits , which could offer a less impactful alternative to market dominant rainforest-sourced nickel laterites, potentially alleviating stress on ecosystems and local communities NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery metals, today announced that it has successfully produced the world's first nickel sulfate derived exclusively from seafloor polymetallic nodules. The sulfate was generated during bench-scale testing of its hydrome
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