We are operation in two different projects:The Gulf of Bothnia and Baltic Sea . 1. On theBothnia Bay seafloor lies small potato-sized lumps – nodules – that contain minerals. In theBaltic Sea lies sediments. 2. Via an air-lift technique, developed by Scandinavian Ocean Minerals, the seafloor is gently harvested for nodules or bottom sediment. 3. On board the ship, nodules are filtered or, if sediment centrifuged 4. Water and material that is not used is returned directly to the seafloor, which becomes oxygenated in the process. 5. Nodules and sediment are transported to land where nodules are refined into, among other things, manganese, iron, silicon (used for batteries, solar cells and semiconductors) while sediment becomes biogas, hydrogen gas or green coal (used for fossil-free steel) .

4 trends that make us relevant The mission of Scandinavian Ocean Minerals is to meet the future needs of the green economy with gentle harvesting of ocean resources. We intend to do this by harvesting for mineral-rich nodules on the seafloor in Bothnian Bay. The nodules contain minerals that are critical for the green transition. In the Baltic Sea we will harvest for sediment that can be used for green energy. In both cases we oxygenate the seafloor in the process, which counteracts acidification. ​ This is how we do it: About us There are four macro trends affecting us where Scandinavian Ocean Minerals have a part to play: First, the environmental challenges we face is one of the major global mega trends. The consequences from global warming and carbon emissions are massive and calls for hasty action. The environmental challenges are high on the political agenda, where policy makers have gone from discussing the problems to focusing on solutions. There is a strong global commitment to find and support solutions, not least by the UN global goals. In this context it should be mentioned that the Baltic Sea, where we are operating, is one of the world's most polluted oceans. Eutrophication, overfishing, increased shipping, and emissions of environmental toxins have turned the Baltic Sea into an ocean in crisis. A solution to reach the ambitious UN global goals is through the electric energy transition – the second macro trend. This is a prerequisite for phasing out the use of fossil fuels and limiting climate change. The electrification has been particularly strong when it comes to solar cells and in the transport sector. 99 percent of the raw materials of the batteries in these cars are, according to the European Commission, from outside of Europe. Due to the massive demand the supply chain has been challenged, which naturally brings us to the third trend – the geopolitical shift from interdependency towards self-sufficiency. The dependence on other countries, not least authoritarian states has been questioned and have led to initiatives where countries look for alternative solution to access necessary materials and technologies. Over 90 percent of the rare earth metals that the EU imports come from China, which also totally dominates the production of silicon. The green transition risks making Europe as dependent on minerals from non-European countries as it is on gas from Russia. The EU has identified the problem and is now working with the "Critical raw materials act" to enable extraction of important metals in Europe. The fourth trend is the ongoing green industrial revolution, particularly in the north of Sweden – Norrland. According to the chambers of commerce in Norrbotten and Västerbotten the current planned investments in Norrland sum up to over 1000 Bn SEK and between 25 000 to 100 000 new jobs being created consequently – and most of the investments are green. There are four macro trends affecting us where Scandinavian Ocean Minerals have a part to play: First, the environmental challenges we face is one of the major global mega trends. The consequences from global warming and carbon emissions are massive and calls for hasty action. The environmental challenges are high on the political agenda, where policy makers have gone from discussing the problems to focusing on solutions. There is a strong global commitment to find and support solutions, not least by the UN global goals. In this context it should be mentioned that the Baltic Sea, where we are operating, is one of the world's most polluted oceans. Eutrophication, overfishing, increased shipping, and emissions of environmental toxins have turned the Baltic Sea into an ocean in crisis. A solution to reach the ambitious UN global goals is through the electric energy transition – the second macro trend. This is a prerequisite for phasing out the use of fossil fuels and limiting climate change. The electrification has been particularly strong when it comes to solar cells and in the transport sector. 99 percent of the raw materials of the batteries in these cars are, according to the European Commission, from outside of Europe. Due to the massive demand the supply chain has been challenged, which naturally brings us to the third trend – the geopolitical shift from interdependency towards self-sufficiency. The dependence on other countries, not least authoritarian states has been questioned and have led to initiatives where countries look for alternative solution to access necessary materials and technologies. Over 90 percent of the rare earth metals that the EU imports come from China, which also totally dominates the production of silicon. The green transition risks making Europe as dependent on minerals from non-European countries as it is on gas from Russia. The EU has identified the problem and is now working with the "Critical raw materials act" to enable extraction of important metals in Europe. The fourth trend is the ongoing green industrial revolution, particularly in the north of Sweden – Norrland. According to the chambers of commerce in Norrbotten and Västerbotten the current planned investments in Norrland sum up to over 1000 Bn SEK and between 25 000 to 100 000 new jobs being created consequently – and most of the investments are green.

Green light for Scandinavian Ocean Minerals – Exploration of the mineral deposits in the Bothnian Bay has been granted! Scandinavian Ocean Minerals has been granted an exploration permit from the Swedish Ministry of Climate and Enterprise. The background is the mineral deposits located in two areas in the Bothnian Bay. "The permit gives us the opportunity to take the next step in our vision of creating the conditions necessary for a fossil-free society!" says Peter Lindberg, CEO of Scandinavian Ocean Minerals. An exploration permit for sampling the mineral deposits, which consist of poly-metallic nodules has now been granted. The total recoverable amount of nodules in the Bothnian Bay is calculated to approximately 20 million tonnes. Once the business is fully operational, the goal is that approximately one million tonnes of nodules will be extracted annually. This business paves the way for a new and unique industry for Sweden: a green, offshore industry which reconciles climate benefits, commercial interests, and job creation. "The fact that we have now been granted permission to explore the Bothnian Bay is an important political signal. The purpose of the business is to increase Sweden's and Europe's self-sufficiency in terms of innovation-critical minerals including those needed for the production of batteries and semiconductors,” explains Peter Lindberg. Minimal environmental impact The studies, which have now been approved by the Ministry of Climate and Enterprise, will ensure that future harvesting of the minerals can be carried out in a sustainable and environmentally-friendly way. To succeed, Scandinavian Ocean Minerals is developing a technology that enables gentle uptake, so-called harvesting, of the nodules in a circular process which returns oxygenated water to the bottom. The method is unique and should not be confused with conventional land mining or deep sea mining. "The nodules are extracted using a gentle technique. You could say that we harvest the sea floor with our method, which has less environmental impact than conventional mining," says Bengt Simonsson, research manager at Scandinavian Ocean Minerals. Peter Lindberg, CEO SOM AB peter.lindberg@som-ab.se , +46(0)73-617 95 20 1. On theBothnia Bay seafloor lies small potato-sized lumps – nodules – that contain minerals. In theBaltic Sea lies sediments. 2. Via an air-lift technique, developed by Scandinavian Ocean Minerals, the seafloor is gently harvested for nodules or bottom sediment. 3. On board the ship, nodules are filtered or, if sediment centrifuged 4. Water and material that is not used is returned directly to the seafloor, which becomes oxygenated in the process. 5. Nodules and sediment are transported to land where nodules are refined into, among other things, manganese, iron, silicon (used for batteries, solar cells and semiconductors) while sediment becomes biogas, hydrogen gas or green coal (used for fossil-free steel) .

Healthy oceans in close harmony with green economy Scandinavian Ocean Minerals on Swedish TV Swedish TV accompanied Scandinavian Ocean Minerals on one of our surveys. See feature here > News Hur vi skiljer oss från deep sea mining 10 oktober, 2023 I'm a paragraph. I'm connected to your collection through a dataset. Click Preview to see my content. To update me, go to the Data Manager. Läs blogg SOM-bloggen Nodules in Bothnian Bay > Green energy in Baltic Sea > Our projects Scandinavian Ocean Minerals are operating in two different projects: Bothnian Bay and the Baltic Sea. In both projects we use our own developed air-lift technique, but the difference is that in Bothnian Bay, where we have come the furthest, we are harvesting for poly-metalic nodules while we at the Baltic Sea harvest for sediments refined into green energy. In both projects the seafloor is oxygenated in the process. Overall trends affecting society: The environmental challenges we face is one of the major global mega trends. There is a strong global commitment to find and support solutions, not least by the UN global goals. One solution to meet the goals is the electric energy transition – the second macro trend. The third trend is the geopolitical shift towards self-sufficiency to find alternative solutions to access necessary materials. The fourth trend is the green industrial revolution . Partners