Assembly of Collecting Machine Completed

Nautilus Minerals Inc. has announced that the mechanical and hydraulic assembly of its second of three Seafloor Production Tools, the Collecting Machine, has been completed at Soil Machine Dynamics’ facility at Newcastle upon Tyne, UK and the commissioning of the Collecting Machine systems has now started.

Nautilus’ CEO, Mike Johnston said: “Having already completed the assembly of the Bulk Cutter, we are delighted that the assembly of the Collecting Machine has now been completed and commissioning has begun. This is an exciting time for the Company as we continue with the build of the seafloor production equipment while work has also started toward the build of our production support vessel. We look forward to finalizing the assembly of the third and final SPT, the Auxiliary Cutter.

The Collecting Machine is the lightest of the three SPTs, weighing 200 tonnes when fully assembled.

It is designed to collect material cut from the seafloor by drawing it in as seawater slurry with internal pumps and pushing it through a flexible pipe to the Riser and Lifting System and onto the vessel.