About TMC the metals company Inc. - Common Stock (TMC)
TMC The Metals Company is engaged in the exploration and development of polymetallic seabed resources to provide sustainable minerals for the global transition to a low-carbon economy. The company focuses on harvesting essential metals like nickel, cobalt, and copper from the ocean floor, which are critical components for batteries and renewable energy technologies. TMC aims to create a new supply chain for these metals through responsible and environmentally conscious practices, positioning itself as a provider of alternative sources to traditional land mining operations. By leveraging advanced technology and innovative approaches, the company seeks to meet the growing demand for these vital resources while minimizing ecological impacts. Read More
The Metals Company Inc (NASDAQ:TMC) shares are trading higher. The company on Monday announced two economic studies showing $23.6 billion in total project value and declared mineral reserves for a polymetallic nodule project.
With projected cash costs of $1,065 per tonne of nickel (inclusive of byproduct credits) and All-In Sustaining Costs at $2,569 per tonne, TMC expects to operate in the lowest production cost quartile globally.
NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC), a leading developer of the world’s largest estimated undeveloped resource of critical metals essential to energy, defense, manufacturing and infrastructure, today announced the release of a Technical Report Summary (TRS) of the Pre-Feasibility Study (PFS) for its proposed NORI-D Polymetallic Nodule Project in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean, prepared in accordance with Subpart 1300 of SEC Regulation S-K (SK-1300). The PFS marks a world-first declaration of Probable Mineral Reserves for deep-sea polymetallic nodules and was prepared and signed off by Qualified Persons, including AMC Consultants.
NEW YORK, Aug. 04, 2025 (GLOBE NEWSWIRE) -- The Government of the Kingdom of Tonga and its sponsored entity, Tonga Offshore Mining Ltd, together with TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”) — a leading developer of the world’s largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure — today announced the signing of a revised Sponsorship Agreement (“Agreement”), updating the terms of the Agreement signed between the parties in 2021.
