A continuously growing demand for valuable non-ferrous metals and therefore an increase in their prices at the metal exchanges makes it necessary and profitable to investigate alternative metal resources. Polymetallic deep-sea nodules contain cobalt, copper, manganese, molybdenum and nickel, and are highly abundant on the sea floor. Developing a metallurgical process to recover the metal content from manganese nodules can close the predicted supply gap of critical metals like cobalt. This paper investigated a potential extraction process for valuable metals from manganese nodules supplied by the German Federal Institute for Geosciences and Natural Resources. The samples originated from the German license area of the Clarion-Clipperton Zone in the Pacific Ocean. Due to a low concentration of valuable metals in nodules, a pyrometallurgical enrichment step was carried out to separate cobalt, copper, molybdenum and nickel in a metallic phase. The manganese was discarded in the slag and recovered in a second smelting step as ferromanganese. To aid the experiments, FactSageTM was used for thermodynamic modeling of the smelting steps. To increase metal yields and to alter the composition of the metal alloys, different fluxes were investigated. The final slag after two reduction steps were heavy-metal free and a utilization as a mineral product was desired to ensure a zero-waste process.