News
Seabed explorer lobbies Trump to mine the Pacific for critical metals
The Metals Company (NASDAQ:TMC) has asked the Trump Administration for approval to mine the Pacific Ocean seabed for critical metals, bypassing a United Nations-backed process that governs international waters. According to Bloomberg, the firm, already licensed by the International Seabed Authority (ISA), is now seeking US backing via a pre-application with the National Oceanic and Atmospheric Administration.
proactiveinvestors.co.uk • Mar 28, 2025 04:22 Eastern
TMC the metals company Inc. (TMC) Q4 2024 Earnings Call Transcript
TMC the metals company Inc. (NASDAQ:TMC ) Q4 2024 Results Conference Call March 27, 2025 4:30 PM ET Company Participants Craig Shesky - Chief Financial Officer Gerard Barron - Chairman & Chief Executive Officer Conference Call Participants Matthew O'Keefe - Cantor Fitzgerald Jake Sekelsky - Alliance Global Partners Dmitry Silversteyn - Water Tower Research Operator Good day, and thank you for standing by. Welcome to The Metals Company Fourth Quarter 2024 Corporate Update Conference Call.
seekingalpha.com • Mar 27, 2025 19:46 Eastern
TMC Announces Fourth Quarter and Full Year 2024 Results
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today provided a corporate update and fourth quarter and full year financial results for the period ended December 31, 2024.
globenewswire.com • Mar 27, 2025 16:15 Eastern
The Metals Company to Apply for Permits under Existing U.S. Mining Code for Deep-Sea Minerals in the High Seas in Second Quarter of 2025
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today announced that its subsidiary The Metals Company USA LLC (“TMC USA”) has formally initiated a process with NOAA under the U.S. Department of Commerce to apply for exploration licenses and commercial recovery permits under existing U.S. legislation, the Deep Seabed Hard Mineral Resources Act of 1980 (DSHMRA).
globenewswire.com • Mar 27, 2025 16:01 Eastern
The Metals Company Announces Fourth Quarter and Full Year 2024 Corporate Update Conference Call for Thursday, March 27, 2025
NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today announced that it will host a conference call on Thursday, March 27, 2025, to provide an update on fourth quarter and full year 2024 financial results and recent corporate developments.
globenewswire.com • Mar 21, 2025 11:31 Eastern
Wabash Showcases Industry-Leading Innovation and Expanded Services at TMC 2025
LAFAYETTE, Ind., March 10, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, will showcase how its bold transformation in recent years is reshaping what fleets can expect from an OEM partner at TMC 2025, March 10–13 in Nashville. This year's exhibit highlights how Wabash is helping customers tackle today's most pressing operational challenges—merging physical and digital technologies with services and solutions that drive efficiency, flexibility and stronger business outcomes.
globenewswire.com • Mar 10, 2025 06:55 Eastern
World First: TMC and PAMCO Achieve a New Nodule Processing Milestone, Unlocking Critical Energy & Steelmaking Materials at Existing Facilities
NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical battery metals, today announced that it had successfully produced a high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign, run as part of the 18-month feasibility program designed to process a 2,000-tonne sample of deep-seafloor polymetallic nodules at its partner PAMCO's Rotary Kiln Electric-Arc Furnace (RKEF) operating facility in Hachinohe, Japan.
globenewswire.com • Feb 18, 2025 08:05 Eastern
TMC the metals company: Still Speculative, But Cautiously Optimistic
The Metals Company's stock surged 93% recently due to optimism about potential commercial operations under the new US administration, despite a deteriorating financial position. The new US administration's support for deep-sea mining could enable TMC to start scaling commercially, but the company urgently needs cash. TMC's financials show a significant decline, with a sharp increase in short-term payables and a reduction in cash burn from operations.
seekingalpha.com • Jan 28, 2025 10:05 Eastern