The Metals Company Announces ~US$27 Million Registered Direct Offering at $2.00 Per Share Plus Class A Warrants
TMC raised about US$27 million in a registered direct offering priced at $2.00 per share plus Class A warrants.
The Metals Company Announces Second Quarter 2023 Corporate Update Conference Call for Monday, August 14, 2023
TMC scheduled an August 14, 2023 conference call to review second quarter financial results and recent developments.
TMC Announces Corporate Update on Expected Timeline, Application Costs and Production Capacity Following Part II of the 28th Session of the International Seabed Authority
TMC now targets a post July 2024 ISA application and Q4 2025 production, needing $60 to 70 million more cash.
Congressional Leaders Urge President Biden and the Department of Defense to Consider Polymetallic Nodules for U.S. Critical Mineral Supplies and National Security
Nine members of Congress urged Biden and the Pentagon to weigh polymetallic nodules for critical mineral security.
Part 2 of the 28th Session of the International Seabed Authority Concludes
The second part of the 28th session of the International Seabed Authority (ISA) was held in Kingston, Jamaica, with the second part of the…
Statement by the Chinese Delegation Under the Secretary-General’s Report at the Assembly of the ISA’s 28th Session
Distinguished Mr. Secretary-General, Distinguished Minister of State Alando Terrelonge, Mr. President, The Chinese delegation congratulates…
The Metals Company Comments on ISA Council Decision and Intention to Deliver Final Rules, Regulations and Procedures for Exploitation
ISA Council agreed a roadmap to finish the Mining Code by 2024, after missing its July 9, 2023 adoption deadline.
Biodiversity Data from NORI-D Exploration Area Now Available on UNESCO’s Ocean Biodiversity Information System, Increases Biodiversity Records for the Clarion-Clipperton Zone by About 150%
TMC's NORI published biodiversity data that boosted Clarion Clipperton Zone records on UNESCO's OBIS by about 150%.
US Congress Directs Pentagon to Assess Domestic Processing of Polymetallic Nodules under National Defense Authorization Act
US Congress directs the Pentagon to study domestic processing of polymetallic nodules under the 2024 NDAA.
DeepInsight23 research expedition back on shore
The DeepInsight23 expedition returned to shore after almost 30 days at sea with geological and biological samples from the Mohns Ridge.