Transocean Ltd. (RIG): Transocean announces that it has purchas...

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Tuesday, 03/29/2022 9:55:24 AM

Tuesday, March 29, 2022 9:55:24 AM

Transocean announces that it has purchased a minority interest in Ocean Minerals Ltd
6:35 AM ET 3/29/22 | Briefing.com
Transocean is working with Ocean Minerals on the technology and services that will be required to collect nodules from the seabed upon receipt of a production license. The Cook Islands is one of several offshore locations worldwide with large, accessible deposits of nodules containing a high content of these critical minerals. Responsible recovery of the nodules would provide additional supply required to support growing demand.

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