By José Martínez
In the Pacific Ocean west of Mexico, a deep-sea mining company called The Metals Company Inc. (TMC) plans to lower a nearly 50-foot-wide vehicle to the seafloor more than two miles below the surface to collect metal-rich rocks known as polymetallic nodules.
Once the nodules are brought up and loaded on a vessel, they would take an almost three-week trip through the Panama Canal to an industrial park dubbed Nodule City at the Port of Brownsville, where they would be refined into metals used in batteries and raw materials used in steelmaking, then sold commercially.

“It would be the first of its kind,” Yoram Carboex, a deep-sea mining historian formerly with the Norwegian University of Science and Technology, told the Rio Grande Valley Business Journal. While companies and governments have performed mining and processing tests on polymetallic nodules since the 1970s, Carboex said, TMC’s attempt to commercialize them has never been done.
Most Read
- SpaceX is giving Brownsville $220M for water projects. In exchange, the city gave up zoning control of 444 acres near Starbase
- Port of Brownsville could soon host Nodule City, a first-of-its-kind commercial deep-sea mining hub
- South Padre Island developer mulls new hotel or multifamily project, secures zoning for both
- SpaceX seeks to take zoning control over nearly 450 acres from city of Brownsville as a ‘regional’ water deal takes shape
- The Valley landed the projects. Now it has to power them — and the others that are following
Get the latest business news delivered to your inbox every morning for free.
Try 30 Days Free!
Get full access to award-winning journalism covering business, real estate, health care, economic trends, and the people shaping the Rio Grande Valley.
30 Days Free!
$9.95/month
Limited time offer
Subscription renews after your 30 day free trial at $9.95/mo.
Included Benefits
- Unlimited access to all articles
- Daily business news and analysis
- Subscriber-only content and features
Stories That Matter
- Texas Venture Fest returns to Brownsville, connecting Valley entrepreneurs with statewide startup network
- Texas businesses can get up to $500,000 to train existing workers under state program
- Texas approved just four new cultural districts. Two are in the Rio Grande Valley
- The McAllen-Hidalgo International Bridge is getting nearly $2M in upgrades
- Pharr launches new forum focused on cross-border trade, logistics and investment
- Mission’s first Small Business Expo puts $25K on the line for local entrepreneurs
- Reynosa’s newest technical high school focuses on AI, semiconductors and bionics
- McCoy’s gives $10K, tools to launch Mid-Valley construction academy
- UT Health RGV performs new digestive procedure for first time in the Valley
- TSTC bets on advanced manufacturing to meet RGV’s industrial boom