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The Metals Company and Allseas Announce Proposed Economic Terms for Developing and Operating the World’s First Commercial System to Collect Deep-Sea Polymetallic Nodules to Meet Surging Demand for Critical Battery Metals

The Metals Company and Allseas Announce Proposed Economic Terms for Developing and Operating the World’s First Commercial System to Collect Deep-Sea Polymetallic Nodules to Meet Surging Demand for Critical Battery Metals

NEW YORK, March 17 (Korea Bizwire) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest estimated undeveloped source of critical battery metals, today announced that its subsidiary NORI signed a non-binding term sheet with its strategic partner and shareholder, Allseas Group S.A. (“Allseas”) to develop and [...]