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Congressional Leaders Urge President Biden and the Department of Defense to Consider Polymetallic Nodules for U.S. Critical Mineral Supplies and National Security

NEW YORK, July 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 welcomed a letter from Congressional leaders and several members of the House Armed Services Committee urging the Biden Administration to assess domestic processing [...]

The Metals Company Comments on ISA Council Decision and Intention to Deliver Final Rules, Regulations and Procedures for Exploitation

NEW YORK, July 24 (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 applauded the International Seabed Authority (ISA) Council’s consensus decision agreeing a roadmap towards adopting final rules, regulations, and procedures (RRPs, also known as the Mining [...]

Biodiversity Data from NORI-D Exploration Area Now Available on UNESCO’s Ocean Biodiversity Information System, Increases Biodiversity Records for the Clarion-Clipperton Zone by About 150%

NEW YORK, July 3 (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 data submitted by its subsidiary NORI to the International Seabed Authority’s ‘DeepData’ platform in March 2023 has now been made available [...]

US Congress Directs Pentagon to Assess Domestic Processing of Polymetallic Nodules Under National Defense Authorization Act

The report [see p.59] noted that “to counter China’s growing hold on the global supply chain, it is essential that the United States secures its own innovative supply of critical and strategic minerals and materials, including polymetallic nodules, to decrease reliance on sources from foreign adversaries.” The House Armed Services Committee directed the Assistant Secretary of Defense [...]

The Metals Company Announces First Quarter 2023 Corporate Update Conference Call for Thursday, May 11, 2023

NEW YORK, May 2 (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, May 11, 2023, to provide an update on first quarter financial results and recent corporate developments. First Quarter [...]

The Metals Company Announces Conference and Event Schedule for Q1 2023

NEW YORK, Jan. 26 (Korea Bizwire) — Following the successful conclusion of the first integrated nodule collection system trials in the Clarion Clipperton Zone of the Pacific Ocean since the 1970s and of the environmental impact monitoring campaign conducted by its subsidiary, Nauru Ocean Resources Inc (NORI)., The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of [...]

The Metals Company Hires Bechtel Veteran Grant Lindner as Project Director to Advance its NORI-D Project, as CDO Anthony O’Sullivan Prepares to Step Down

NEW YORK, Oct. 20 (Korea Bizwire) — The Metals Company (NASDAQ: TMC) (the “Company” or “TMC”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it has appointed Grant Lindner as Project Director for NORI as the Company looks to bring online its first polymetallic nodule project (NORI-D Project) to supply [...]

TMC and Allseas Achieve Historic Milestone: Nodules Collected from the Seafloor and Lifted to the Production Vessel Using 4 km Riser During Pilot Trials in the Clarion Clipperton Zone for First Time Since the 1970s

During a 60-minute pilot collection run across ~150 meters of the seafloor, ~14 tonnes of nodules were collected by the pilot collector vehicle, transported to the surface using a 4.3-km riser system and placed into the hold of the surface production vessel Hidden Gem In the first such test in the Clarion Clipperton Zone (CCZ) [...]

TMC Subsidiary NORI Commences Monitoring of the Environmental Impacts of Pilot Nodule Collection System Trials in the Clarion-Clipperton Zone

NEW YORK, Oct. 5 (Korea Bizwire) — The Metals Company (Nasdaq: TMC) (the “Company” or “TMC”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that a multidisciplinary team of independent scientists from leading research institutions around the world and industry-leading contractors has commenced the next phase of an extensive environmental baseline [...]

The Metals Company Appoints Andrew C. Greig as Board Director and Sheila Khama to Audit Committee

NEW YORK, Oct. 3 (Korea Bizwire) — The Metals Company (NASDAQ: TMC) (the “Company” or “TMC”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that Andy Greig has been appointed to its Board of Directors. Andy joined the Board as a director on September 29, 2022 and replaces outgoing director Gina [...]