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The Metals Company and Allseas Announce Successful Deep-Water Test of Polymetallic Nodule Collector Vehicle in the Atlantic Ocean at a Depth of Nearly 2,500 Meters

NEW YORK, May 5 (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 the successful completion of initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean. Engineers successfully lowered the Allseas-designed collector [...]

The Metals Company Engages Benchmark Mineral Intelligence to Produce Life Cycle Assessment of NORI-D Polymetallic Nodule Project

NEW YORK, April 11 (Korea Bizwire) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “The Metals Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it has chosen the leading lithium-ion battery supply chain research firm, Benchmark Mineral Intelligence (“Benchmark”), to conduct an independent life cycle assessment of the [...]

The Metals Company and Allseas Announce Successful North Sea Drive Test of Pilot Nodule Collector Vehicle

NEW YORK, March 31 (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 the successful completion of its North Sea drive test program for the robotic polymetallic nodule collector vehicle designed by the Company’s strategic [...]

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 [...]

The Metals Company Enters into Business Collaboration MoU with Epsilon Carbon to Complete A Pre-Feasibility Study For the World’s First Commercial Polymetallic Nodule Processing Plant in India

NEW YORK, March 17 (Korea Bizwire) — TMC, The Metals Company Inc. (Nasdaq: TMC) (“TMC”) today announced that it has signed a non-binding Memorandum of Understanding (“MoU”) with Epsilon Carbon Pvt. Ltd. (“Epsilon Carbon”) to complete a pre-feasibility study for a commercial-scale deep-sea nodule processing plant in India with targeted production capacity of more than [...]