About American Metal

American Metal has been established with the specific aim of sourcing metals from the seabed for exclusive use in the United States.

American Metal’s management have been at the forefront of the deep sea mineral industry for over 20 years, with a legacy of unparalleled success in creating companies that lead the world in deep sea mineral exploration and deep sea environmental studies.

For example, American Metal’s President and CEO, Robert Heydon, was responsible for re-igniting the modern-day seafloor polymetallic nodule industry.

In 2008 he created Nauru Ocean Resources Inc. (NORI) and Tonga Offshore Mining Limited (TOML), and selected their respective deep sea exploration licence areas.

These two license areas are now reported to host the top 2 undeveloped nickel deposits in the world, with a resource of 1.6 Billion tons of nodules, containing 16Mt of Ni, 13Mt of Cu and 2.5Mt of Co, and with a resource value of over 1 Trillion dollars.

He also founded DeepGreen Resources Inc., in 2011, which is now listed on the Nasdaq Stock Exchange as TMC The Metals Company.

Leveraging off this previous success, American Metal is positioned to assist the U.S. become a world leader in the deep sea mineral industry and achieve critical mineral independence.

A Legacy of Innovation & Leadership in Deep Sea Minerals

American Metal’s founders were personally responsible for founding and developing the following 3 world leading deepsea mineral companies.

Founded Nautilus Minerals Inc. (Canada) in 2002, which successfully carried out trial mining and was granted the world’s first Deep Sea Mining License and Environmental Permit, and is developing the world’s first hard rock copper-gold mine at 1,700 metres below sea level;

Founded Nauru Ocean Resources Inc. (“NORI”), which was the first private sector company to be granted a license to explore for polymetallic nodules by the International Seabed Authority (“ISA”), and recently carried out successful trial mining in the CCZ; and

Founded DeepGreen Resources Inc. (Canada) in 2011, the world leader in the deep sea mineral industry, and which became TMC The Metals Company when it listed on the Nasdaq Stock Exchange in 2021.

Those three companies founded by American Metal’s management are the world leaders in the commercial exploration and sustainable development of deep sea mineral resources, with a number of accomplishments including:

Combined expenditure of over US$1 Billion on deep sea mineral exploration and development, as well as environmental studies;

Public Listing on the Nasdaq Stock Exchange as well as the Toronto Stock Exchange, and on AIM, a market operated by the London Stock Exchange;

Attracted the backing of world leading mining and offshore companies as shareholders, including Teck Cominco, Anglo American, Glencore, Placer Dome, Allseas and Maersk;

The world’s most successful deepsea trial mining with the recovery of 3,000 tonnes of polymetallic nodules from the CCZ;

Successful trial mining of seafloor massive sulphide deposit at 1,700 meters below sea level;

Production of the most environmental data relating to a seafloor massive sulphide deposit;

Most comprehensive environmental study in the CCZ;

First NI 43-101 compliant mineral resource estimate for a seafloor massive sulphide deposit;

First NI 43-101 compliant mineral resource estimate for polymetallic nodules;

Over 30 successful offshore environmental cruises across various oceanic regions, including hundreds of millions of dollars spent on deep-sea environmental studies and environmental impact assessments;

Successful production of deep-sea Environmental Impact Statement leading to the granting of the world’s first deep sea mineral permit;

Development of new seafloor mining technology aimed at reducing environmental impacts; and

Patents granted over metallurgical process to treat seafloor polymetallic nodule ore.