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The Metals Company to Apply for Permits under Existing U.S. Mining Code for Deep-Sea Minerals in the High Seas in Second Quarter of 2025

Following successful mining tests by U.S. consortia and pioneering environmental impact assessment by the National Oceanic and Atmospheric Administration (NOAA) in the Clarion Clipperton Zone (CCZ) in the 1970s, the United States Congress passed the Deep Seabed Hard Mineral Resources Act (DSHMRA) in 1980 to enable exploration and commercial recovery of deep-sea minerals in the [...]

The Metals Company Announces US$17.5 Million Registered Direct Offering of Common Shares and Class B Warrants

NEW YORK, Nov. 14 (Korea Bizwire) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it has entered into a securities purchase agreement with certain new and existing institutional investors for the purchase of an aggregate of 17,500,000 common shares [...]

The Metals Company Announces Third Quarter 2024 Corporate Update Conference Call for Thursday, November 14, 2024

NEW YORK, Nov. 07, 2024 (Korea Bizwire) – The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Thursday, November 14, 2024, to provide an update on third quarter financial results and recent corporate developments. Third [...]

The Metals Company Welcomes Prominent Sustainability Strategist Brendan May to its Board of Directors

Mr. May is chairman and founder of Robertsbridge, a leading global sustainability consultancy he formed in 2010. He has spent more than 25 years in the sustainability space, initially working on oceans sustainability as CEO of the Marine Stewardship Council (MSC) and more recently on deforestation as European Chairman of the Rainforest Alliance He joins [...]

TMC Subsidiary Submits Its Largest Deep-Sea Environmental Data Set Yet to International Seabed Authority

TMC’s subsidiary, NORI, has submitted comprehensive data to the International Seabed Authority, detailing findings from environmental baseline campaigns from the NORI-D exploration area up to January 2022. The data encompasses 32,617 benthic and 42,036 pelagic biological occurrences, over 12,000 seafloor images, and extensive time-series data from three years of monitoring via oceanographic moorings. NORI’s latest [...]

U.S. Senators Push for UNCLOS Ratification as Members of Congress Call for ISA to Adopt Seafloor Mining Regulations

Led by Senator Lisa Murkowski (R-AK), a bipartisan coalition re-introduced a resolution calling on the U.S. Senate to ratify the UN Convention on the Law of the Sea (UNCLOS), which details the rights and responsibilities of countries regarding the world’s oceans, including “the management of marine natural resources.” At the close of part III of [...]

The Metals Company Announces Third Quarter 2023 Corporate Update Conference Call for Thursday, November 9, 2023

NEW YORK, Nov. 02 (Korea Bizwire) — The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Thursday, November 9, 2023, to provide an update on third quarter financial results and recent corporate developments. Third Quarter [...]

The Metals Company Releases Second Annual Impact Report

TMC’s second annual Impact Report outlines the Company’s vision to create a carefully managed, reusable metal commons, starting with unlocking the planet’s largest undeveloped source of battery metals, as the world seeks to address the climate crisis The Company outlines its impacts to date as well as the anticipated impacts and mitigation measures for the [...]

The Metals Company Provides Closing Update on its Registered Direct Offering at $2.00 Per Share Plus Class A Warrants

NEW YORK, Oct. 19, 2023 (Korea Bizwire) – TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided an update to its previously announced registered direct offering (the “Registered Offering”), which is expected to result in aggregate gross proceeds to the Company [...]

The Metals Company Announces Investor Conference Schedule Through End of 2023

NEW YORK, Sept. 08, 2023 (KOREA BIZWIRE) – The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, intends to participate at the following in-person conferences being held by leading organizations and financial institutions during the third and fourth quarters of 2023. Recent company updates On [...]