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Significant cracks are showing in The Metals Company’s (TMC) financial stability following their recent investor update.

Swiss Re says it does not support activities that retrieve minerals from the deep seabed "based on key sustainability risks identified for this sector"

One of the world’s biggest reinsurers Swiss Re joins a growing number of global financiers rejecting the unnecessary and potentially catastrophic industry of deep sea mining.

15 November 2023 | Media Release | Deep Sea Mining Campaign
The Metals Company (TMC) continue to peddle their ...

This paper summarises the risks associated with deep sea mining and ways in which financial institutions have responded.

After three weeks of negotiations at the International Seabed Authority (ISA) no regulations on deep sea mining were adopted.
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Watch BLUE PERIL, a 16-minute visual investigation that presents a scientifically robust and disturbing picture of far-reaching impacts of deep sea mining for Pacific Island communities.
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