TMC and Tonga Announce Updated Sponsorship Agreement for Tonga Offshore Mining Ltd
Tonga and TMC's (Nasdaq: TMC) subsidiary TOML signed a revised sponsorship deal as delays at the International Seabed Authority persist.
TMC Releases Two Economic Studies with Combined NPV of $23.6B and Declares World-First Nodule Reserves
TMC released two studies showing a combined $23.6 billion project value and declared a world-first polymetallic nodule mineral reserve.
Korea Zinc Weighs U.S. Smelter to Process Deep-Sea Minerals
Korea Zinc (KS: 010130) is weighing a 1 to 2 trillion won U.S. smelter to process seabed minerals sourced via its stake in TMC.
Tonga Considers New Deep Sea Mining Deal with The Metals Company
Tonga is weighing a new deep sea mining deal with The Metals Company (NASDAQ: TMC), expanding their 2021 Clarion Clipperton Zone pact.
Nauru Eyes Big Payout as It Backs U.S. Deep Sea Mining Route
Nauru signed a new deal with The Metals Company (NASDAQ: TMC) worth up to US$515 million, backing the US route to seabed mining.
Gerard Barron on CNBC Mad Money
Key points TMC’s stock has risen more than 400% this year, a move CEO Gerard Barron linked to an April executive order that gave the deep-sea mining industry a regulatory framework. The company’s license areas, about 1,000 miles southwest of San Diego, hold an estimated 2 billion…
TMC Announces Strategic Investment from Korea Zinc
Korea Zinc agreed to invest $85.2 million in TMC (Nasdaq: TMC), becoming one of its largest shareholders with about 5% ownership.
TMC Announces Appointment of Michael Hess and Alex Spiro to its Board of Directors
TMC named Michael Hess and Alex Spiro to its board as it advances toward U.S. polymetallic nodule commercial recovery plans.
TMC and Nauru Announce Updated Sponsorship Agreement for Nauru Ocean Resources Inc. (NORI)
Nauru and TMC's (Nasdaq: TMC) subsidiary NORI signed a revised sponsorship agreement updating their 2017 deal amid stalled ISA rules.
TMC Provides First Quarter 2025 Corporate Update
TMC the metals company (Nasdaq: TMC) posted a $20.6 million Q1 2025 net loss and raised $37 million in a direct offering.