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TMC USA Files First Consolidated Deep-Seabed Mining Application, Increasing Expected Commercial Recovery Permit Area to 65,000 km2

TMC USA Files First Consolidated Deep-Seabed Mining Application, Increasing Expected Commercial Recovery Permit Area to 65,000 km2

Application is the first consolidated exploration license and commercial recovery permit application submitted under NOAA’s new consolidated application and review process—which the Company expects will reduce permitting timelines for companies with completed exploration programs—in line with Executive Order 14285, ‘Unleashing America’s Critical Offshore Minerals and Resources’ The consolidated application covers areas previously applied over in April 2025 [...]

TMC Welcomes NOAA Rule Modernizing Deep-Seabed Mining Permits for U.S. Companies in the High Seas

TMC Welcomes NOAA Rule Modernizing Deep-Seabed Mining Permits for U.S. Companies in the High Seas

Final rule establishes a consolidated application and review process for exploration licenses and commercial recovery permits under the Deep Seabed Hard Mineral Resources Act (DSHMRA) Updated regulations reflect advances in environmental science, seafloor mapping, and offshore mineral-collection technologies New framework allows applicants to rely on exploration-phase environmental, geological, and engineering data in commercial recovery applications, [...]

The Metals Company Announces Third Quarter 2025 Corporate Update Conference Call for Thursday, November 13, 2025

The Metals Company Announces Third Quarter 2025 Corporate Update Conference Call for Thursday, November 13, 2025

NEW YORK, Nov. 06, 2025 (Korea Bizwire) – TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), a leading developer of the world’s largest estimated undeveloped resource of critical metals essential to energy, defense, manufacturing and infrastructure, today announced that it will host a conference call on Thursday, November 13, 2025, to provide [...]

The Metals Company Announces Second Quarter 2025 Corporate Update Conference Call for Thursday, August 14, 2025

The Metals Company Announces Second Quarter 2025 Corporate Update Conference Call for Thursday, August 14, 2025

NEW YORK, Aug. 07, 2025 (Korea Bizwire) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), a leading developer of the world’s largest estimated undeveloped resource of critical metals essential to energy, defense, manufacturing and infrastructure, today announced that it will host a conference call on Thursday, August 14, 2025, to provide [...]

TMC Releases Two Economic Studies with Combined NPV of $23.6B and Declares World-First Nodule Reserves

TMC Releases Two Economic Studies with Combined NPV of $23.6B and Declares World-First Nodule Reserves

TMC published two technical economic assessments prepared in accordance with Subpart 1300 of Regulation S-K highlighting a total combined project value of $23.6 billion, showing potential economic viability of its NORI-D Project and significant scalability across other NORI and TOML areas  World-first Pre-Feasibility Study (PFS) for a polymetallic nodule project in the NORI-D area with [...]

TMC and Tonga Announce Updated Sponsorship Agreement for Tonga Offshore Mining Ltd (TOML)

TMC and Tonga Announce Updated Sponsorship Agreement for Tonga Offshore Mining Ltd (TOML)

The Kingdom of Tonga and TMC’s subsidiary, Tonga Offshore Mining Ltd (TOML), signed a revised Sponsorship Agreement, updating the terms of their agreement signed in 2021 The Government of the Kingdom of Tonga welcomes the new agreement which will ensure that Tongans will receive benefits from any future development of seafloor mineral resources by TOML [...]

TMC Announces Appointment of Michael Hess and Alex Spiro to its Board of Directors

TMC Announces Appointment of Michael Hess and Alex Spiro to its Board of Directors

Michael Hess, an experienced investor and operator in the energy sector, brings deep networks and expertise in financing and developing businesses focused on the U.S. energy supply chain Alex Spiro, a high-profile U.S. attorney and investor, joins with extensive regulatory, governance and capital markets experience across sectors including energy, technology, and mining Appointments strengthen TMC’s [...]

TMC Announces Strategic Investment from Korea Zinc — a World-Leader in Non-Ferrous Metal Refining and pCAM Technology — to Advance Development of Deep-Seabed Critical Minerals in the U.S

TMC Announces Strategic Investment from Korea Zinc — a World-Leader in Non-Ferrous Metal Refining and pCAM Technology — to Advance Development of Deep-Seabed Critical Minerals in the U.S

TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules (Image courtesy of TMC SNS channel) Korea Zinc Co., Ltd., (Korea Zinc) will make a strategic equity investment in TMC of $85.2 million in exchange for 19.6 million common shares at the last market [...]

TMC and Nauru Announce Updated Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI)

TMC and Nauru Announce Updated Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI)

The Government of Nauru and TMC’s subsidiary, Nauru Ocean Resources Inc. (NORI), signed a revised Sponsorship Agreement updating the terms of their agreement signed in 2017 The President of Nauru welcomes the new agreement which will ensure that Nauruans will receive benefits from any future development of seafloor mineral resources from NORI The Republic of [...]

TMC Announces $37 Million Strategic Investment to Advance Deep-Sea Mineral Development

TMC Announces $37 Million Strategic Investment to Advance Deep-Sea Mineral Development

TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules (Image courtesy of TMC SNS channel) The financing is led by Michael Hess, Chief Investment Officer of Hess Capital, and Brian Paes-Braga, Managing Partner at SAF Group and Head of SAF Growth It comprises [...]