TMC T.METALS A DL-,0001

The Metals Company filed for U.S. exploration and commercial recovery permits covering about 187,000 sq km of the Clarion-Clipperton Zone, aiming to extract an estimated 1.6 billion metric tons of nickel, cobalt, manganese and copper nodules under a 1980 U.S. law. The unilateral U.S. pathway challenges the International Seabed Authority's authority and drew criticism from China, France and the ISA for violating international law. U.S. officials frame the move as securing a strategic battery-metal supply chain to reduce reliance on China, while buyers and environmental groups remain hesitant and legal, commercial and diplomatic obstacles persist. » Mais em forbes.com

The Metals Company stock slipped in after-hours trading after the company reported a net loss of $0.14 per share for Q2 2026 — far worse than analysts’ estimate of $0.06. Exploration and evaluation costs rose to $56.1 million, driven by a settlement payment of $37.2 million to Allseas, pushing the total loss to $60.1 million. Revenue remained zero due to the pre-commercial status; available liquidity stood at about $143 million, and the company reaffirmed timelines for a mining permit (Q1 2027) and production start (Q4 2027). » Mais em de.investing.com

TMC shares fell to a new 52-week low of 3.56 USD, putting them down about 49% year-to-date and roughly 55% over the past six months. InvestingPro rates the stock as overvalued relative to its fair value; the stock has a beta of 2.03 and a market capitalization of 1.55 billion USD. TMC reported a net loss of 20.6 million USD for Q1 2026, or a loss per share of 0.05 USD, and the International Tribunal for the Law of the Sea confirmed rights in favor of TMC subsidiaries in proceedings against the International Seabed Authority. » Mais em de.investing.com