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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 [...]

Innovative Agreement Will Have Union Workers Processing Critical Minerals from Seafloor Nodules for Production of Electric Car Batteries

NEW YORK, Sept. 30 (Korea Bizwire) — Today the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) and The Metals Company (TMC) announced that they have entered into a labor neutrality agreement to bolster the critical mineral supply chain and to lay the groundwork for sustainable production of electric car batteries [...]

The Metals Company Subsidiary, NORI, Receives ISA Recommendation to Commence Pilot Nodule Collection Trials in the Clarion Clipperton Zone of the Pacific Ocean

NEW YORK, Sept. 7 (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 the International Seabed Authority has completed its review of the Environmental Impact Statement (EIS) and Environmental Monitoring and Management Plan (EMMP) submitted by its subsidiary, Nauru [...]

TMC Secures $30M Investment on Path to Commercial Seafloor Nodule Production

NEW YORK, Aug. 15 (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 a committed PIPE financing which is expected to result in US$30.4 million of gross proceeds (approximately $30M net proceeds) through the issuance [...]

The Metals Company Contracts CSIRO-led Consortium to Pioneer Ecosystem-Based Environmental Monitoring and Management Plan for Deep-Sea Nodule Collection

NEW YORK, July 12 (Korea Bizwire) — The Metals Company (Nasdaq: TMC) (the “Company” or “TMC”) today announced that its Australian subsidiary, The Metals Company Australia Pty Ltd., has entered into a research funding agreement with a consortium of institutions led by Australia’s Commonwealth Scientific Industrial Research Organisation (CSIRO) to create a framework for the [...]

The Metals Company Announces Key Event Schedule for June 2022

NEW YORK, June 16 (Korea Bizwire) — Following successful deep-water trials of the polymetallic nodule collector vehicle and riser system, as well as the release of its inaugural Impact Report, 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 virtual and in-person conferences [...]

The Metals Company Publishes Inaugural Impact Report Detailing Future Operations and Strategy for Net-Positive Planetary Impact

NEW YORK, May 26 (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 released its first Impact Report detailing the Company’s past, present and expected future ESG impacts, while providing insight into the drivers of its efforts to collect [...]

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 [...]

TMC’s Manganese Silicate Product from Deep-sea Nodules has High Value-in-Use and Potential to Lower Cost and CO2 Emissions Compared to Conventional Mn Sources

NEW YORK, May 3 (Korea Bizwire) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest undeveloped source of critical battery metals, today revealed that recent studies conducted by SINTEF, an independent research institution based in Norway and retained by TMC to undertake test work and value-in-use [...]