The Metals Co

TMC the metals co., Inc. is a deep-sea minerals exploration company, which engages in the collection, processing and refining of polymetallic nodules found on the seafloor in the Pacific Ocean. It produces metals from polymetallic rocks to power electric vehicles. The firm's products include nickel sulfate, cobalt sulfate, copper, and manganese. The company was founded in 2021 and is headquartered in Vancouver, Canada.

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The Metals Co achieves milestone in nodules collection, secures financing

The Metals Co (TMC) made significant progress in Q4 2022, achieving key milestones, securing financing, and advancing project applications. While facing financial challenges and cash requirements for production, TMC's strategic initiatives and partnerships highlight its commitment to sustainable growth. The company's focus on maximizing shareholder returns and exploring financing options underscore its long-term vision for success.

The Metals Co (TMC) reports strong Q1 earnings and navigates industry challenges

The Metals Co (TMC) reported strong financial performance for Q1 2023, driven by operational efficiencies and strategic partnerships, despite challenges in investor sentiment and regulatory uncertainties.
With a focus on responsible offshore operations, TMC is well-positioned to capitalize on the high demand for battery minerals and navigate opportunities for growth and collaboration.
Ongoing efforts to secure financing, address regulatory challenges, and enhance stakeholder engagement will be crucial for TMC's continued success in the evolving deep-sea mining industry.
Transparent communication, commitment to safety, and innovative approaches to resource extraction underscore TMC's resilience and potential for sustainable growth in the market.

The Metals Co reports Q2 loss, eyes strategic partnerships for growth

The Metals Co faces challenges in balancing costs, market dynamics, and geopolitical influences.
Strengths lie in resource quality, responsible practices, and progress with strategic partnerships.
Opportunities exist in industry support, potential agreements, and continued derisking efforts.
Financial performance impacted by expenses, recent capital raise, and focus on Project Zero's expansion.

The Metals Co reports Q3 loss, eyes positive cash flow

TMC's Q3 performance showed progress in regulatory advancements and reduced exploration expenses.
The company's unique nickel resource and support from investors are key strengths.
Challenges include limited disclosure on test campaign results and funding requirements.
Opportunities lie in the expected launch of exploitation contract application and sustainability initiatives.

The Metals Co reports Q4 loss, eyes strategic partnerships for growth

The Metals Co (TMC) faces challenges with costs and funding but maintains a strong liquidity position. Strategic partnerships, ongoing project milestones, and opportunities for growth through partnerships and funding are key focus areas for TMC.

The Metals Co reports Q1 loss but eyes growth in Asia and sustainable practices

The Metals Co faces financial challenges with a net loss in Q1 2024 but maintains strong liquidity and strategic achievements for future growth.
Strategic partnerships in Asia and a focus on sustainable practices position TMC well for market opportunities and environmental alignment.
Engagement with regulatory bodies and competition in deep-sea exploration present challenges that TMC needs to navigate for sustained success.
Opportunities in Asia, the U.S., and strategic partnerships offer avenues for TMC to enhance operations, influence industry standards, and contribute to national initiatives.

The Metals Co reports Q2 loss but sees growth opportunities

The Metals Co (TMC) faced financial challenges in Q2 2024 but highlighted improved liquidity and strategic developments.
CEO Gerard Barron emphasized the value of nodules for battery metals and the importance of diversifying supply chains.
TMC's focus on navigating regulatory changes and leveraging opportunities in the EV market positions it for future growth.

The Metals Co (TMC) reports strong Q3 performance and growth opportunities

The Metals Co (TMC) demonstrated strong performance and strategic focus on unlocking value and expanding into new services business for seafloor resource development.
While facing challenges in securing government funding and managing operational costs, TMC remains optimistic about growth opportunities and regulatory support.
With a commitment to meeting key milestones and timelines, TMC is well-positioned to capitalize on opportunities in the seafloor resource development sector.

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TMC the metals co., Inc. is a deep-sea minerals exploration company focused on the collection and processing of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone in the Pacific Ocean (CCZ). These nodules contain high grades of four metals (nickel, copper, cobalt, manganese) which can be used as (i) feedstock for battery cathode precursors (nickel, cobalt and manganese sulfates, or intermediate nickel-copper-cobalt matte) for electric vehicles (EV) and renewable energy storage markets, (ii) copper cathode for EV wiring, energy transmission and other applications and (iii) manganese silicate for manganese alloy production required for steel production. The company was founded in 2021 and is headquartered in Vancouver, Canada.

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Thursday, November 14, 2024, to provide an update on third quarter financial results and recent corporate developments.

The Metals Company Announces Third Quarter 2024 Corporate Update Conference Call for Thursday, November 14, 2024

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The Metals Company has large potential in deep-sea mining of polymetallic nodules, which is crucial for the electrification transition, with minimal environmental impact compared to traditional mining. TMC's NORI-D field alone has a net present value of more than $8 billion, with total potential revenue from all fields estimated at $500 billion. The anticipated ISA approval could enable TMC to start collection by 2026, but regulatory uncertainty remains.

The Metals Company: High-Potential Deep-Sea Mining Company, But Regulatory And Financial Uncertainty Remain

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Cobalt Miners News For The Month Of August 2024

TMC the metals company Inc. (NASDAQ:TMC ) Q2 2024 Earnings Call August 14, 2024 4:30 PM ET Company Participants Craig Shesky - Chief Financial Officer Gerard Barron - Chairman and Chief Executive Officer Operator Good day and thank you for standing by. Welcome to the metals company Second Quarter 2024 Corporate Update Conference Call.

TMC the metals company Inc. (TMC) Q2 2024 Earnings Call Transcript

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the second quarter ending June 30, 2024.

The Metals Company Provides Second Quarter 2024 Corporate Update

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Wednesday, August 14, 2024, to provide an update on second quarter financial results and recent corporate developments.

The Metals Company Announces Second Quarter 2024 Corporate Update Conference Call for Wednesday, August 14, 2024

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TMC is a deep-sea minerals exploration company that could become a viable player in battery metals over the next years, if regulation permits. The political climate appears to moderately appease, and an exploitation permit may be in sight over the next 12–16 months, according to its management. While the company still depends on external financing to sustain itself, the commitment of all stakeholders remains strong.

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NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery metals, today welcomed the introduction of legislation by the U.S. House of Representatives calling for financial support from the Defense Department's Industrial Base Policy office to “assess the feasibility of improving domestic capabilities for refining polymetallic nodule-derived intermediates into high-purity nickel, cobalt sulfate, and copper.”

TMC Commends U.S. House of Representatives for Allocating Defense Funding to Assess the Feasibility of Domestic Nodule Refining Capacity

TMC the metals company Inc. (NASDAQ:TMC ) Q1 2024 Earnings Conference Call May 13, 2024 4:30 PM ET Company Participants Craig Shesky - Chief Financial Officer Gerard Barron - Chairman & Chief Executive Officer Conference Call Participants Malcolm MacDonald - BofA Frank Jones - Norbury Partners Operator Good day, and thank you for standing by. Welcome to the metals company First Quarter 2024 Corporate Update Conference Call.

TMC the metals company Inc. (TMC) Q1 2024 Earnings Call Transcript

NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and first quarter financial results for the period ending March 31, 2024.

TMC Announces First Quarter 2024 Results

NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery metals, today announced that its subsidiary NORI has made a second submission of key environmental data from all prior environmental baseline campaigns conducted in the NORI-D exploration area up to January 2022 to DeepData, an open database of contractor data managed by the International Seabed Authority (ISA).

TMC Subsidiary Submits Its Largest Deep-Sea Environmental Data Set Yet to International Seabed Authority

NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, May 13, 2024, to provide an update on first quarter financial results and recent corporate developments.  First Quarter 2024 Conference Call Details  Date:   Monday, May 13, 2024      Time:  4:30 p.m.

The Metals Company Announces First Quarter 2024 Corporate Update Conference Call for Monday, May 13, 2024

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NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest estimated undeveloped source of critical battery metals, today announced that it has successfully produced the world's first nickel sulfate derived exclusively from seafloor polymetallic nodules. The sulfate was generated during bench-scale testing of its hydrometallurgical flowsheet design in partnership with SGS Canada Inc., at their Lakefield, Ontario facility.

TMC & SGS Produce World-First Nickel Sulfate from Deep-Seafloor Polymetallic Nodules

NEW YORK , April 20, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of TMC the metals company Inc. ("TMC" or the "Company") (NASDAQ: TMC).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of TMC the metals company Inc. - TMC

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