Ex-Rio Tinto CEO's deep-sea mining firm to merge with Odyssey in $1 billion deal

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A transformative merger is on the horizon as American Ocean Minerals, spearheaded by Tom Albanese, partners with Odyssey Marine Exploration to unveil one of the largest collections of deep-sea mineral reserves. This ambitious endeavor focuses on tapping into essential minerals buried beneath the waves and will see the newly formed entity listed on the Nasdaq.