The Metals Company

US Congress directs the Pentagon to study domestic processing of polymetallic nodules under the 2024 NDAA.

TMC's Q1 2023 update showed $28.4 million in cash plus new deals with Japan's PAMCO and Bechtel to advance its NORI-D seabed project.

TMC set a May 11, 2023 conference call to report first quarter 2023 financial results and recent corporate developments.

TMC's NORI subsidiary submitted more than 270,000 benthic biological records to the ISA's DeepData catalogue.

TMC posted a $171 million full year 2022 net loss and $46.8 million cash on hand while advancing its NORI-D project.

An independent Benchmark Mineral Intelligence study found TMC's NORI-D nodules could beat land-based metal output on most measures.

TMC signed a non-binding MOU with Japan's PAMCO to evaluate toll processing 1.3 million tonnes of nodules a year.

TMC scheduled a March 23, 2023 conference call at 4:30 p.m. ET to review fourth quarter 2022 results and updates.

TMC engaged Bechtel Australia to compile studies backing NORI's seabed exploitation contract application to the ISA.

TMC contributes a NORI royalty to Low Carbon Royalties for a 35% stake and $5 million, with CEO Barron joining its board.