Deep-sea polymetallic nodules are a mineral resource with potential for commercial development. Due to the unique deep-sea environment in which they are found, specialized technology and equipment are required for their extraction. In this paper, firstly, the development of deep-sea polymetallic nodule mining technology is classified into three stages, and its characteristics are summarized. Moreover, the results from research into deep-sea polymetallic nodule mining technology are analyzed, including proposals for mining systems, research into key technologies, basic scientific problems, and proof of technical feasibility from sea tests. Secondly, the testing of the collector prototype and the environmental impact assessment study of Global Sea Mineral Resources NV, as well as the progress of the deep-sea polymetallic nodule mining test project in China, are introduced. On this basis, the opportunities and challenges brought by the fast-growing demand for electric vehicles to the development of deep-sea polymetallic mining technology is analyzed, and a possible technical scheme for a mining system and the trends in its development towards high reliability and high standards of environmental protection according to the requirements of commercial exploitation are explored. This provides a reference for the research and development of high-efficiency technology and equipment for the mining of deep-sea polymetallic nodules.

The multistage centrifugal pump is the critical component of mineral resources lifting in deep-sea mining. The reflux of nodules in the lifting pipe caused by the emergency pump stop can easily cause the pump to clog. In this paper, coupled Computational Fluid Dynamics and Discrete Element Method (CFD-DEM co-simulations) are used to clarify the solid-liquid two-phase flow in two-stage centrifugal pumps under different particle sizes (10–20, 20–30, 30–40, 40–50 mm) with constant particle concentration. The movement and accumulation behaviour of particles in different flow fields (pipeline to pump, the first to the second pump stage) is investigated. Meanwhile, the effect of particle size and particle reflux velocity on the blockage of the flow channel in the pump was investigated. Particle accumulation in the pump was observed to determine the key factors affecting the pump’s reflux capacity. The residual mass of particles in the pump at different particle sizes was counted. Simultaneously, the percentage of residual mass of 10–20 mm particles in the pump was compared between the experiment and the simulation with an acceptable tolerance of within 10%. In addition, pressure changes in the blockage-prone section were also investigated. A comparison between experiments and simulations verifies the consistency of the trend on the pump inlet pressure when clogged with 50 mm particles. It was found that larger particles in the range of 10–30 mm can better ensure the pump’s reflux performance.

Six-stage centrifugal pumps are used in deep-sea mining lifting systems and are required to convey slurry containing coarse particles. A six-stage centrifugal pump suitable for operation in a natural mining system was manufactured. High-flow and full-scaled slurry conveying experiments at a 5% and 9% volume concentration of particles was carried out at a large modified test site with artificial nodules. CFD-DEM simulations were carried out to obtain slurry transport characteristic curves, particle transport and distribution characteristics, where the simulation method was validated by the experiment data. A clarified two-stage pump can be used instead of a multi-stage pump for simplified simulation calculations with acceptable accuracy. Local agglomeration of particles caused by backflow was found at the outlet of the diffuser, and such agglomeration decreased with increasing flow rates. It was found that particles are transported non-uniformly, particles transport in diffusers in strands. Particles are transported in a pulse-like mode within the pump, with the latter stage showing similar particle characteristics to those transported in the previous pump stage.

The international seabed area (i.e., the “Area”) is rich in mineral resources. According to the United Nations Convention on the Law of the Sea (UNCLOS) and the relevant implemented agreements, in 2012, the International Seabed Authority (ISA) began to develop the regulations for the exploitation of mineral resources in the Area. The most important part of the regulations involves determining the distribution of benefits from the exploitation of mineral resources in the Area between the ISA and the contractors. The establishment of a financial model to evaluate the economic benefits and compare the distribution scheme was the basic method relied on in the current study of payment mechanism. According to the characteristics of the exploitation project of mineral resources in the Area, the discounted cash flow method was selected to construct the financial model. Taking China’s deep-sea mineral resources development project in the Area as the background, the main parameters of the model were determined. A comparative study of similar financial models with Massachusetts Institute of Technology (MIT) and other foreign countries was carried out, in addition to a sensitivity analysis of parameters. On the basis of the assurance that the contractor’s internal rate of return was not lower than the level of the land mining enterprise, the financial model was used to calculate the internal rate of return and the revenue of royalty under different payment mechanisms and rates. The advantages and disadvantages of different payment mechanisms in the exploitation of mineral resources in the area were analyzed. Lastly, the possible impacts of deep-sea polymetallic nodule mining on Terrestrial metal markets were highlighted.