NEW YORK, May 07, 2025 (Korea Bizwire) – TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest undeveloped resource of critical metals for energy, defense, manufacturing and infrastructure, today announced that it will host a conference call on Wednesday, May 14, 2025, to provide an update on [...]
Entitled ‘Unleashing America’s Offshore Critical Minerals and Resources’, the Executive Order directs Commerce Secretary Lutnick to expedite deep seabed mineral exploration licenses and commercial recovery permits in international waters under the existing U.S. seabed mining code The Order also directs the Secretaries of Defense and Energy to address the feasibility of using the National Defense [...]
Rutger Bosland, the engineer and technical lead who oversaw the design, build and successful test deployment of Allseas’ integrated nodule collection system, joins TMC to lead offshore innovation and scale its technologies for commercial production As Chief Innovation and Offshore Technology Officer (CIOTO), Rutger will focus on the Company’s efforts to optimize the performance of [...]
NEW YORK, March 21, 2025 (Korea Bizwire) – TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today announced that it will host a conference call on Thursday, March 27, 2025, to provide an [...]
TMC and PAMCO have successfully demonstrated the production flowsheet for its initial commercial production using a 2,000-tonne sample of nodules collected during TMC subsidiary Nauru Ocean Resources Inc.’s 2022 test mining, at PAMCO’s commercial operating facility in Hachinohe, Japan Following the commercial-scale production of calcine in September 2024, PAMCO engineers fed calcine material into the company’s 3,000 kVA DC [...]
The FY25 National Defense Authorization Act (NDAA) mandates a Defense Department feasibility study on refining polymetallic nodule-derived intermediates to high-purity nickel, copper, and cobalt products The study, to be led by the Industrial Base Policy Office, will evaluate options to bolster domestic critical mineral supply chains Separately, TMC’s U.S. subsidiary has applied for a $9 [...]
As reported by the Wall Street Journal, the House version of the fiscal year 2025 National Defense Authorization Act (NDAA) calls for $2 million allocated to the Defense Department’s Industrial Base Policy Office to study the feasibility of developing domestic capacity to refine polymetallic nodule-derived intermediates to high-purity nickel, copper and cobalt products. The legislation also [...]
Mr. Jurvetson is a legendary investor focused on founder-led, mission-driven companies at the cutting edge of disruptive technology and new industry formation. His investments include pioneering technology companies like Tesla, Planet Labs, SpaceX and Commonwealth Fusion Systems, and represent over $800 billion in aggregate value creation He joins TMC’s Board to help the company transition [...]
An influential group of former U.S. government officials and military officers — including former Secretary of State Hillary Clinton and former Secretary of Defense Leon Panetta — urged Senators to ratify the Law of the Sea Treaty (UNCLOS), so “The United States can take its seat on the Council of the International Seabed Authority”, and [...]
The Responsible Use of Seafloor Resources Act (RUSRA) calls for U.S. support for ‘responsible polymetallic nodule collection’ and the use of federal funding to establish domestic infrastructure to refine nodules into critical minerals for the energy transition and national defense. The legislation comes as American and allied auto and battery makers struggle to secure supplies [...]