‘Hidden Gem’ Arrives in Rotterdam to be Transformed into Nodule Collection Vessel for The Metals Company - Yahoo Finance

• 228-meter-long ship is expected to be the first to be Classified as a sub-sea mining vessel under American Bureau of Shipping

• Equipment integration underway to accommodate pilot nodule collector vehicle and riser system engineered and currently being built by Allseas

• Factory acceptance testing has commenced for system components that will be integrated into the vessel.

NEW YORK, September 21, 2021--(BUSINESS WIRE)--The Metals Company (Nasdaq: TMC) today announced that the 228-meter-long former drill ship renamed the Hidden Gem has arrived in Rotterdam, The Netherlands to begin its conversion into what is expected to be the first ship classified as a sub-sea mining vessel by the American Bureau of Shipping. TMC’s strategic partner Allseas acquired the former ultra-deep-water drill ship, which can accommodate 200 people, in March of 2020, as her configuration is well-suited for modifications that will enable the deployment at sea of a 4.5 kilometer-long riser to bring polymetallic nodules up from the seafloor.

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Hidden Gem vessel (Photo: Business Wire)

In partnership with The Metals Company (formerly DeepGreen Metals Inc.), Allseas is developing a deep-sea mineral collection system to responsibly recover polymetallic nodules from the ocean floor and transfer them to the surface for transportation to shore. The nodules contain high grades of nickel,...

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