The Metals Royalty Company Announces Closing of Additional 1.0% Mesabi Royalty and US$165 Million Financing
TMCR has doubled its Mesabi iron ore royalty to 2.0 percent. Convertible notes of US$140 million and a term loan paid for it.
The Metals Royalty Company Announces Fully Allocated US$165 Million Financing to Fund Acquisition of Additional 1.0% Mesabi Royalty
TMCR has allocated a US$165 million financing in one package. Convertible notes and a term loan fund the extra Mesabi royalty.
The Metals Royalty Company Announces Completion of First Production Blast at Mesabi Metallics
TMCR's Mesabi Metallics royalty asset fired its first production blast on July 10, 2026, fracturing about 211,000 tons of ore.
The Metals Royalty Company Provides Update on Mesabi Metallics Construction Progress Following Executive Site Visit
The Metals Royalty Company says Mesabi Metallics is 95.5% complete overall, with Line 1 commissioning targeted for July or August 2026.
The Metals Royalty Company Inc. Closes Mesabi Royalty Acquisition, Exercises Option to Acquire an Additional 1% Royalty Interest and Appoints Michael Hess as Non-Executive Co-Chairman
The Metals Royalty Company closed its $132.5 million Mesabi iron ore royalty acquisition and named Michael Hess Non-Executive Co-Chairman.
TMCR Corporate Update Call May 2026
Key points TMCR’s newly announced 1% royalty on the Mesabi Metallics iron ore project is projected to generate $11-13 million a year, protected by a $150-per-ton price floor, with an option for an additional 1% and a right of first offer on another 2%. Operator SR Group has committed…
The Metals Royalty Company to Host Corporate Update Webinar on May 13, 2026
TMCR will host a May 13, 2026 corporate update webinar and confirmed its Mesabi-related PIPE financing was upsized to $80 million.
The Metals Royalty Company Inc. Enters Into Definitive Agreement to Acquire a Royalty Interest on Mesabi Metallics Iron Ore Project in Minnesota
The Metals Royalty Company agreed to pay $132.5 million for a 1.0% production royalty on the Mesabi Metallics iron ore project.
Fireside Chat Gerard Barron (TMC) & Brian Paes-Braga (TMCR)
Key points TMC has identified 1.6 billion tons of polymetallic nodules containing nickel, copper, cobalt, and manganese on the ocean floor 1,000 miles southwest of San Diego, representing 70% of known reserves of nickel, cobalt, and manganese globally. The company spent $700 million on…
The Metals Royalty Company Inc. to Commence Trading on the Nasdaq Capital Market Under the Symbol “TMCR”
The Metals Royalty Company (Nasdaq: TMCR) began trading April 8, 2026, holding a 2.0% royalty on TMC's NORI nodule deposit.