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TMC Commends U.S. Congress on Bill to “Provide Financial, Diplomatic, or Other Forms of Support for Seafloor Nodule Collection, Processing and Refining” and Advancing International Regulations for Seafloor Resources
March 13, 2024 08:00 ET | The Metals Company
The Responsible Use of Seafloor Resources Act (RUSRA) calls for U.S. support for ‘responsible polymetallic nodule collection’ and the use of federal funding to establish domestic infrastructure to...
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Pentagon to Deliver Report on Domestic Processing of Seafloor Nodules by March 1 as President Biden Signs NDAA
January 03, 2024 08:30 ET | The Metals Company
Under the National Defense Authorization Act (FY24) now signed into law by President Biden, the House Armed Services Committee directs the Assistant Secretary of Defense for Industrial Base Policy to...
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TMC Subsidiary NORI Completes Key Offshore Research Campaign, Evaluating Seafloor Ecosystem Function a Year Post Nodule Collection Test
December 28, 2023 08:00 ET | The Metals Company
Researchers with Nauru Ocean Resources Inc. (NORI) successfully gathered further environmental data on ecosystem recovery and functioning as part of its Environmental and Social Impact Assessment...
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TMC Subsidiary NORI Shares Preliminary Findings on Environmental Impacts of Pilot Nodule Collection System Test
December 14, 2023 08:00 ET | The Metals Company
Nauru Ocean Resources Inc. (NORI) has begun sharing emerging data on impacts of seafloor sediment plumes one year on from its 2022 test mining campaign.Building upon earlier laboratory predictions and...
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Thirty-One Members of Congress Call Upon Pentagon to Develop Plan for Processing Deep-Sea Polymetallic Nodules
December 12, 2023 16:05 ET | The Metals Company
In a letter to Secretary of Defense Lloyd Austin III and the Pentagon, thirty-one Members of Congress urged the Department of Defense to “explore every avenue to strengthen our rare earth and critical...
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Dutch Court Orders Greenpeace Protesters Off NORI Research Vessel, Greenpeace Complies
November 30, 2023 12:42 ET | The Metals Company
The District Court of Amsterdam has ordered Greenpeace International to immediately disembark from the research vessel commissioned by TMC subsidiary Nauru Ocean Resources Inc (NORI) to conduct...
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New Benchmark Study Highlights Impacts of Nickel and Cobalt Mining on Critical Forested Carbon Sinks Amid Battery Metals Boom
November 29, 2023 08:55 ET | The Metals Company
Commissioned by TMC, Benchmark Mineral Intelligence assessed the impact of mining on terrestrial carbon sinks in top nickel and cobalt producing regionsIn 2022, 75% of the world’s cobalt production...
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U.S. Senators Push for UNCLOS Ratification as Members of Congress Call for ISA to Adopt Seafloor Mining Regulations
November 21, 2023 07:30 ET | The Metals Company
Led by Senator Lisa Murkowski (R-AK), a bipartisan coalition re-introduced a resolution calling on the U.S. Senate to ratify the UN Convention on the Law of the Sea (UNCLOS), which details the rights...
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TMC and PAMCO Sign Binding MOU to Complete Feasibility Study to Process Polymetallic Nodules into Battery Metal Feedstocks
November 13, 2023 07:00 ET | The Metals Company
Following successful completion of the pre-feasibility exercise, TMC and PAMCO have entered into a binding memorandum of understanding (MOU) where PAMCO will complete a feasibility study to process...
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The Metals Company Provides Third Quarter 2023 Corporate Update
November 09, 2023 16:00 ET | The Metals Company
NEW YORK, Nov. 09, 2023 (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...