Nereus Deep Sea Mining Corporation

Nereus Deep Sea Mining Corporation

Type	Public
Industry	Deep Sea Mining, Undersea Construction
Founded	1676 AN
Founder(s)	Francois Durand
Headquarters	Piriya, Alduria, Nouvelle Alexandrie
Key people	Jean-Claude Lemaire (CEO) Sophie Bellamy (CFO) Marie Rousseau (COO)
Products	Metals, Precious Stones, Construction Services
Revenue	▲ NAX€50.2 billion (1722 AN)
Net income	▲ NAX€6.5 billion (1722 AN)
Employees	18,000 (1722 AN)

Nereus Deep Sea Mining Corporation is a Nouvelle Alexandrie-based deep-sea mining and undersea construction company. Established in 1676 AN, Nereus operates primarily from its headquarters in Piriya, Alduria, and specializes in the extraction of valuable minerals and rare earth elements from the ocean floor. The company is known for its pioneering efforts in deep-sea exploration and exploitation.

History

Founded by Francois Durand, a marine geologist from Alduria, Nereus Deep Sea Mining Corporation began as a small operation with a vision to tap into the untapped resources beneath the ocean surface. The company started with modest resources but soon grew with the surge in demand for rare minerals and metals essential for the burgeoning technology industry. Nereus gained notoriety for its cutting-edge deep-sea mining technology and its innovative approach to undersea exploration.

The establishment of Poseidon Undersea Construction as a subsidiary in 1689 AN bolstered the company's operations by providing specialized undersea construction services. This partnership has facilitated the creation of advanced underwater mining installations and infrastructure.

Operations

Nereus conducts its deep-sea mining operations primarily in the oceans surrounding Nouvelle Alexandrie. The company uses advanced robotics and submersible vehicles to mine valuable minerals and metals from hydrothermal vents, polymetallic nodules, and cobalt-rich crusts. The extracted resources are then transported to the surface for processing.

Poseidon Undersea Construction, a subsidiary of Nereus, is responsible for the construction and maintenance of the mining installations and infrastructure. With a team of experienced undersea engineers and construction experts, Poseidon designs, builds, and maintains the underwater structures crucial to Nereus' mining operations.

Sustainability and Environmental Efforts

Nereus invests heavily in research and development to improve the efficiency of its mining processes and reduce the disruption to marine ecosystems. The company also supports scientific research on deep-sea biodiversity and actively collaborates with environmental agencies to monitor and protect marine life in its operational areas.

See Also

• Economy of Nouvelle Alexandrie
• Science and technology in Nouvelle Alexandrie