Saturday, October 16, 2021

The Metals Company and SGS Group Commence Test Work & Pilot - GlobeNewswire

Last updated Wednesday, October 6, 2021 08:00 ET , Source: NewsService

  • The pilot hydrometallurgical refining campaign builds upon TMC’s recent successful pyrometallurgical processing campaign, where seafloor polymetallic nodules were used to produce an intermediate product (matte) rich in copper, nickel and cobalt
  • TMC’s pilot refining campaign is expected to refine the matte into copper cathode and battery-grade nickel and cobalt sulfate crystals, completing the pilot-scale validation of its near-zero solid waste metallurgical flowsheet
  • The bench and pilot-scale work with SGS Group (“SGS”) brings TMC one step closer to realizing its ambition of a full-scale metallurgical plant to re-shore production of critical battery metals in the U.S.

NEW YORK, Oct. 06, 2021 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (the “Company” or “TMC”), a developer of lower-impact battery metals from seafloor polymetallic nodules, has commenced work with SGS, a world leader in testing, inspection and certification, to provide bench and pilot-scale testing in the Company’s program to refine battery metals from a matte that was recently successfully generated from nodules. The collaboration will help to determine, analyze and chart TMC’s path towards a full-scale metallurgical plant to produce battery metals like nickel and cobalt, deemed ‘most critical’ to U.S. interests by the Biden Administration. This important work program with SGS comes on the heels of TMC’s public listing to the Nasdaq in September.

SGS is providing TMC with the necessary equipment,...

Read Full Story: https://www.globenewswire.com/news-release/2021/10/06/2309505/0/en/The-Metals-Company-and-SGS-Group-Commence-Test-Work-Pilot-Demonstrations-to-Extract-Critical-Battery-Metals-from-Seafloor-Rocks.html

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