# BAUER Maschinen and Harren & Partner establish joint venture for deep-sea mining

BAUER Maschinen GmbH and the Harren & Partner Group signed a joint venture agreement on August 26, 2021, establishing Seabed Mineral Services GmbH to develop the 'Vertical Approach' method for extracting seafloor massive sulfides using trench cutter technology.

- Type: Partnership
- Announced: 2021-09-01
- Status: announced
- Products: deep-sea mining services using trench cutter method
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Seabed Mineral Services GmbH](https://endata.com/companies/57460.md)
- [Harren & Partner](https://endata.com/companies/25863.md) (partner)
- [BAUER Maschinen GmbH](https://endata.com/companies/31321.md) (partner)

## Sources

- [equipment.bauer.de](https://equipment.bauer.de/en/bauer-maschinen-and-harren-partner-enter-joint-venture), 2021-09-01: "We are thrilled to have found an expert partner in Bauer who is willing – just like us – to seize opportunities and take on a pioneering role in the field of deep-sea mining."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.