Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Industry Channel Nauru.
Australia Pledges USD1.6B for Nauru Migrant Deal
(MENAFN) Australia has committed to a US$1.6 billion payment over the next 30 years to relocate hundreds of migrants to the remote Pacific island of Nauru, according to government officials who disclosed financial details of a previously...
Owner: Sawsan Dababneh & Ramzi AbdelJaber
TMC and Tonga Announce Updated Sponsorship Agreement for Tonga Offshore Mining Ltd (TOML)
The Kingdom of Tonga and TMC’s subsidiary, Tonga Offshore Mining Ltd (TOML), signed a revised Sponsorship Agreement, updating the terms of their agreement signed in 2021 The Government of the Kingdom of Tonga welcomes the new agreement which will...
From Ratification to Action: UNESCO Empowers Nauru's Heritage Ambitions in the First National Consultation on the World Heritage Convention
In a landmark move to safeguard its cultural and natural heritage, Nauru held its first national consultation meeting on the World Heritage Convention with the support of UNESCO. A dynamic interactive session on 23 May 2025 brought together...
Owner: United Nations
Critical Minerals Market Expected to Reach $586 Billion by 2032 as Demand Grows for Supply of Essential Minerals
PALM BEACH, Fla., Sept. 09, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts project that the global critical minerals market will continue maintaining substantial growth as it has in recent years. The global critical...
TMC and Nauru Announce Updated Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI)
The Government of Nauru and TMC’s subsidiary, Nauru Ocean Resources Inc. (NORI), signed a revised Sponsorship Agreement updating the terms of their agreement signed in 2017 The President of Nauru welcomes the new agreement which will ensure that...
World First: TMC USA Submits Application for Commercial Recovery of Deep-Sea Minerals in the High Seas Under U.S. Seabed Mining Code
Following last week’s Executive Order, ‘Unleashing America’s Offshore Critical Minerals and Resources’, TMC USA has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration licenses and one...
The Metals Company to Apply for Permits under Existing U.S. Mining Code for Deep-Sea Minerals in the High Seas in Second Quarter of 2025
Following successful mining tests by U.S. consortia and pioneering environmental impact assessment by the National Oceanic and Atmospheric Administration (NOAA) in the Clarion Clipperton Zone (CCZ) in the 1970s, the United States Congress passed...
Global Nickel Mining Market Size Forecasted to Reach $100 Billion By 2034 as Demand for Electric Vehicles Rises
PALM BEACH, Fla., March 13, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The mining industry's increasing focus on sustainability and responsible practices is influencing nickel mining. Companies are adopting environmentally friendly...
World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities
TMC and PAMCO have successfully demonstrated the production flowsheet for its initial commercial production using a 2,000-tonne sample of nodules collected during TMC subsidiary Nauru Ocean Resources Inc.’s 2022 test mining, at PAMCO’s commercial...
LEAP, globally popular software for energy, climate mitigation, and air pollution planning, to be offered free to an additional 54 countries
Screenshot from LEAP: Emissions variations by location. The countries eligible for free LEAP licenses now include all upper-middle-countries and most Small Island Developing States (SIDS), making the tool freely available to governments,...
The Metals Company Announces Second Quarter 2025 Corporate Update
NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC”, the “Company” or “we”), a leading developer of the world’s largest estimated undeveloped resource of critical metals essential to energy, defense,...
Rutger Bosland, Pioneering Engineer and Technical Lead on Development of TMC’s Nodule Collection System, Joins Company to Drive Commercial Readiness
Rutger Bosland, the engineer and technical lead who oversaw the design, build and successful test deployment of Allseas’ integrated nodule collection system, joins TMC to lead offshore innovation and scale its technologies for commercial...
TMC Welcomes U.S. Executive Order to Expedite Permitting and Evaluate Offtake of Critical Minerals from Nodules in the High Seas
Entitled ‘Unleashing America’s Offshore Critical Minerals and Resources’, the Executive Order directs Commerce Secretary Lutnick to expedite deep seabed mineral exploration licenses and commercial recovery permits in international waters under the...
TMC Applauds U.S. Congressional Mandate for 2025 Defense Department Feasibility Study on Nodule Refining
The FY25 National Defense Authorization Act (NDAA) mandates a Defense Department feasibility study on refining polymetallic nodule-derived intermediates to high-purity nickel, copper, and cobalt products The study, to be led by the Industrial Base...
Microbix & ACPCC support efforts to eliminate cervical cancer in the Indo-Pacific
MISSISSAUGA, Ontario and MELBOURNE, Australia, March 17, 2025 (GLOBE NEWSWIRE) -- Microbix Biosystems Inc. (TSX: MBX, OTCQX: MBXBF, Microbix®), a life sciences innovator, manufacturer, and exporter, and the Australian Centre for the Prevention of...
The Metals Company Announces Fourth Quarter and Full Year 2024 Corporate Update Conference Call for Thursday, March 27, 2025
NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest undeveloped resource of critical metals for building infrastructure, power generation,...
The Metals Company Provides Third Quarter 2024 Corporate Update
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results...
TMC Announces June 27, 2025 Submission Date for Subsidiary NORI’s ISA Application, and Expanded Company Strategy
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update on the expected...
President Lai holds press conference following high-level national security meeting
TAIWAN, February 14 - Details 2025-01-01 President Lai delivers 2025 New Year’s Address On the morning of January 1, President Lai Ching-te delivered his 2025 New Year’s Address, titled “Bolstering National Strength through Democracy to Enter a...
Owner: Taiwanese Government