Project Infinity – Aim to build world’s first commercial-scale polymetallic processing facility in the U.S.
March 29, 2026 – Glomar Minerals, LLC (Glomar Minerals) and Cobalt Blue Holdings Limited (Cobalt Blue) has officially announced a consortium agreement to process seabed minerals in the United States (U.S.).
The consortium will aim to build the first commercial-scale polymetallic processing facility in the world (called Project Infinity) with activities already underway to secure an appropriate U.S.-based site. The agreement leverages Cobalt Blue’s proprietary flowsheets, engineering work and pilot testing facilities in Australia, and Glomar’s extensive work to secure, explore, and develop seabed minerals — a near limitless resource.
Glomar Minerals is an American critical minerals company dedicated to exploring, collecting, and processing seabed polymetallic nodules to develop a new, secure and reliable, long-term supply of essential materials. Glomar Minerals draws its inspiration from the legendary Hughes Glomar Explorer, first commissioned by the CIA to recover the sunken soviet submarine K-129, later used by Lockheed Martin in the Clarion Clipperton Zone to demonstrate the industrial feasibility of seabed minerals.
Glomar Minerals, through its wholly-owned and affiliated subsidiaries, holds the rights to significant exploration licenses in the Clarion Clipperton Zone, including two leading polymetallic nodule projects and a minority stake in a third joint venture. Together, these projects rank among the world’s largest and most advanced holdings of high-grade polymetallic nodules rich in cobalt, copper, nickel, and manganese — which are critical inputs for energy, defense, and advanced manufacturing supply chains.
“Undersea minerals represent a gamechanger to redefine U.S. critical mineral dependence the way shale oil and gas reshaped global energy geopolitics — but it is only one piece of the puzzle. Processing is the other — making this consortium instrumental to both economic and national security. The ability to extract six minerals from a single polymetallic nodule (cobalt, copper, nickel, manganese, iron, and rare earths) is a true force multiplier. Glomar Minerals is excited to lead in this effort and focus on processing with Cobalt Blue, so that the United States can win in this critical race for undersea mineral supremacy,” said Robbie Diamond, Executive Chairman of Glomar Minerals.
Glomar Minerals is actively expanding both its global exploration footprint and its plans for vertical integration as part of its mission to strengthen supply chain resilience. With this new consortium, Glomar is on the fast track to become the world’s largest and most diversified holder of undersea minerals, while leading as the first to market with a fully-integrated harvesting to processing value chain.
“Our collaboration with Glomar provides a compelling opportunity to utilize Cobalt Blue’s patented hydrometallurgical technology for a new, significant multi-commodity feedstock,” said Dr. Andrew Tong, CEO & MD of Cobalt Blue.
Cobalt Blue Holdings Limited (ASX: COB) is a listed Australian minerals processing and mining company with interests in cobalt, copper, silver and sulfur. Its critical minerals strategy focuses on building new midstream processing capabilities in Australia and with likeminded partners to develop new, secure supply chains. Cobalt Blue has already successfully demonstrated a robust metallurgical flow sheet for polymetallic nodules.
