Exxon veteran Liam Mallon joins TMC board ahead of seabed mining push

Sept 29 (Reuters) - The ‌Metals Company ​said ​on Tuesday it has appointed former ExxonMobil upstream chief Liam Mallon to its board ‌as the company advances plans to begin ⁠commercial recovery of polymetallic nodules in international waters under a ‌U.S. seabed mining framework.

Here ‌are a few details

• The move comes as the Trump administration signaled it is nearing approval ​for permits to mine the deep sea, part of a broader push to boost ⁠U.S. access to the critical minerals used across much of the country's ​economy.

• The miner in 2025 had asked the Trump administration to approve its plans ​to mine the international seabed, ‌making it the first such company to seek the government's permission to ⁠operate outside U.S. territorial waters.

• Mallon, who retired last year after a 35-year career at Exxon, will also ⁠chair TMC's Sustainability and Innovation Committee.

• The company also said ​board member Brendan May would step down after two years on the board.

• Exxon along with peers Occidental Petroleum ‌and Equinor are increasingly investing in lithium projects.

• Exxon is developing lithium production ‌from brine resources in Arkansas to supply the ⁠electric vehicle battery market ‌as part of ​its broader push into critical minerals.

(Reporting by Katha Kalia in Bengaluru; Editing by Shailesh ‌Kuber)

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