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  "documentTitle": "TMC the metals company Inc. (TMC)",
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  "notes": "Includes a map of the Clarion-Clipperton Fracture Zone Exploration Areas for Polymetallic Nodules.",
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      "text": "This polymetallic nodule mineral field within the CCZ is essentially a single mineral deposit almost 5,000 km in length and up to 600 km wide.",
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      "text": "This polymetallic nodule mineral field within the CCZ is essentially a single mineral deposit. The mechanism of formation of the nodules is interpreted to be essentially identical across the entire CCZ.",
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      "text": "As of 2021, there existed 31 worldwide licenses (17 within the CCZ) issued to 22 contractors.",
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      "text": "Exploration licenses are amortised over the shorter of the term of the license and their expected useful economic lives.",
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      "kind": "quote",
      "text": "Exploration licenses are amortised over the shorter of the term of the license and their expected useful economic lives. All licenses recorded as at 31 December 2019 have a license term of 9 years. A full impairment charge was made in 2013 as no revenue arising from the licences have yet been agreed or forecast with sufficient levels of certainty. — UK Seabed Resources Limited 2019 Annual Report filed at the UK Companies House",
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      "text": "Source: UK Seabed Resources Limited 2019 Annual Report; TOML Mineral Resource, Clarion Clipperton Zone, Pacific Ocean by AMC Consultants in Mar 2021; ISA.",
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      "text": "Statement of Financial Position as at 31 December 2019 for UK Seabed Resources Limited.",
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