April 29 (Reuters) -
TMC THE METALS COMPANY TMC.O CEO GERARD BARRON TELLS U.S. CONGRESSIONAL HEARING THAT DEEP-SEA MINING INDUSTRY AT 'INFLECTION POINT' AND 'ONE OF CHINA'S CORE RESOURCE STRATEGIES'
CEO: SPECULATION ABOUT DEEP-SEA MINING'S ECONOMIC VIABILITY FUELED BY ACTIVISTS OPPOSED TO PRACTICE
DEMOCRATS AT U.S. CONGRESSIONAL HEARING DECRY DEEP-SEA MINING AS UNECONOMIC, FORM OF 'SUBSIDIZED PLUNDER'
ENGINEERING EXPERT AT DEEP-SEA MINING HEARING: 'SOME OF THE PROPOSED IMPACTS OF NODULE MINING MAY NOT BE AS SEVERE AS SPECULATED'
IMPOSSIBLE METALS CEO OLIVER GUNASEKARA TELLS U.S. CONGRESSIONAL HEARING NO PLANS TO OPERATE 'WITHOUT AN ENVIRONMENTAL IMPACT STATEMENT'
IMPOSSIBLE METALS CEO SAYS COMPANY'S DEEP-SEA NICKEL MINING, PROCESSING COSTS ARE TEN TIMES LESS EXPENSIVE THAN AVERAGE TERRESTRIAL NICKEL PRODUCTION
Source text: [ID:]
Further company coverage: TMC.O
(Reporting By Ernest Scheyder)
((ernest.scheyder@thomsonreuters.com;))
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