We recently published 10 Stocks Lighting Up Market Ahead of Christmas. TMC the metals company Inc. (NASDAQ:TMC) is one of the best performers on Wednesday. TMC the metals company ended two straight days of losses on Wednesday, jumping 4.24 percent to close at $7.62 apiece as investors cheered progress in its request for deep-sea exploration in the international waters. According to a report by The New York Times, the US government would formally review next month TMC the metals company Inc.’s (NASDAQ:TM ...

Key Points The Metals Company is trying to mine polymetallic nodules from the Pacific seafloor. These nodules are rich in nickel, cobalt, copper, and manganese. The company lacks a commercial license, and the timeline for getting one is unknown. 10 stocks we like better than TMC The Metals Company › The Metals Company (NASDAQ: TMC) is a deep-sea mining exploration firm that wants to vacuum polymetallic nodules from the Pacific seafloor and turn them into battery-grade metals. The company believe ...

Core Insights - The Metals Company (TMC) aims to extract battery metals from the Pacific seabed using a vacuum method, which could be more efficient and environmentally friendly than traditional mining [1][2] - TMC projects a potential commercialization start date in late 2027, making its current stock price under $10 intriguing for investors [4] - The success of TMC's plans hinges on securing sufficient capital, obtaining a commercial license, and overcoming technical uncertainties [5][7][9] Financial Overview - TMC has approximately $165 million in total liquidity as of the end of the third quarter, but ongoing cash burn raises concerns about its sustainability [5] - The current market capitalization of TMC is $3 billion, with a stock price of $6.85, reflecting a 52-week range of $0.72 to $11.35 [8] Regulatory and Technical Challenges - TMC requires a finalized rulebook for deep-sea mining from the International Seabed Authority (ISA) to obtain a commercial license, which is still under development [7] - The technology TMC plans to use has not been proven at scale, leading to potential technical and engineering challenges even if a license is granted [9] Investment Considerations - The current share price of TMC may be justified given the uncertainties surrounding deep-sea mining, with aggressive investors possibly considering long-term investments [10] - More conservative investors might prefer investing in metals exchange-traded funds (ETFs) instead of TMC shares [10]

Key Points The Metals Company is trying to harvest polymetallic nodules in the Pacific Ocean. These nodules contain metals that are essential for battery technology. The company is still pre-revenue and burning cash as it lacks a deep-sea mining permit. 10 stocks we like better than TMC The Metals Company › The Metals Company (NASDAQ: TMC) is a Canada-based deep-sea mining company that could be on the cusp of unlocking a new source of critical metals. The company owns exploration rights for a zon ...

The Metals Company sits on an untapped treasure trove of battery metals. But has the stock's ship already left the harbor?Investors who bought The Metals Company (TMC +4.54%) stock last December and held on through all the ups and downs of 2025 are now sitting on a gain of roughly 766%. Indeed, in mid-October, the company's stock had grown almost 11-fold year over year.Let that sink in. Literally: This might be the only company that grew exponentially on the promise of diving for polymetallic rocks about 18 ...

Core Viewpoint - The Metals Company presents an intriguing investment opportunity in deep-sea mining, but potential investors should exercise caution due to the company's current financial status and the inherent risks of the industry [1][9]. Company Overview - The Metals Company aims to establish a deep-sea mining business, claiming to unlock the world's largest undeveloped resource of metals essential for energy, defense, manufacturing, and infrastructure [2][4]. - The company estimates it possesses 51 metric tons of probable reserves, with production projected to commence at the end of 2027 [4]. Financial Performance - The Metals Company is currently operating as a money-losing start-up, which is typical for new ventures, but significant capital investment is required to build out its mining operations [6][9]. - The company has a market capitalization of $3 billion, with a current stock price of $7.59, and has experienced a 52-week price range of $0.72 to $11.35 [8]. Investment Considerations - The deep-sea mining sector has faced economic feasibility challenges in the past, and while The Metals Company is attempting to innovate, there is uncertainty regarding the success of these efforts until full-scale production begins [5][7]. - The company has indicated concerns about liquidity, suggesting that it may need to sell stock to finance operations, which could dilute current shareholders [8]. - The investment is likely more suitable for aggressive growth investors, as the company is still in the early stages of development and is projected to continue losing money until at least the end of 2027 [9][10].

Group 1 - TMC The Metals Company is focused on deep-sea mining, aiming to extract cobalt, nickel, copper, and manganese from polymetallic nodules on the sea floor [1] - TMC's shares have increased by approximately 375% since the beginning of the year, significantly outperforming the S&P 500, which has risen by 14% [2] - The company has garnered investor interest due to its innovative approach to mineral production and the political push for domestic supply of critical minerals [4][5] Group 2 - TMC's stock performance over the past year shows a 482% increase, while the S&P 500 has only risen by 12.3% [6] - Political interest in seabed mineral development has surged, particularly following executive orders from President Trump aimed at enhancing U.S. leadership in this area [7] - Historical performance indicates that TMC shares rose after successful technology tests in 2022 and positive insider stock purchases in the following year [9]

Core Insights - The Metals Company (TMC) has seen a significant stock increase of 520% year to date, positioning it among the top three mining stocks of the year [1] Company Overview - TMC is focused on deep-sea mining, specifically in the Clarion Clipperton Zone of the Pacific Ocean, to extract polymetallic nodules containing cobalt, copper, nickel, and manganese [2] - The company aims to process these nodules into battery-grade base metals for applications in electric vehicle batteries and power generation, with a focus on recyclability [2] Current Status and Challenges - TMC is currently in the exploration phase and has not yet generated revenue, lacking exploitation contracts from the International Seabed Authority (ISA) for commercial collection of nodules [3] - The ISA has not finalized a mining code, leaving TMC and similar companies in a state of uncertainty regarding operational permissions [3][6] Recent Developments - An executive order signed by President Trump in April 2025 aims to expedite permissions for deep-sea mining, providing TMC with an opportunity to apply for exploration licenses and a commercial recovery permit under the Deep Seabed Hard Mineral Resources Act (DSHMRA) [5] - This executive order has contributed to a significant rise in TMC's stock price, which at one point increased by over 800% in 2025 [7] Financial Considerations - TMC requires substantial funding to develop and commercialize its operations, with only $116 million in cash as of June 30, raising concerns about its market capitalization of $3.6 billion [8]

Core Thesis - TMC The Metals Company has transitioned from a speculative venture to a credible operation, with its Clarion-Clipperton Zone (CCZ) project expected to commence production by 2026, supported by successful pilot initiatives and environmental assessments [3][4] - The company has completed pilot collection campaigns and enhanced processing technology, securing strategic funding for the next phase of development [3][5] Financial Performance - TMC reported minimal revenue in 2023 and 2024, focusing on research and pilot collection, but projections indicate potential annual revenues of $1–1.5 billion once full-scale production begins [4][9] - The stock is currently trading at approximately 8–9x forward sales, a significant increase from under 1x at the beginning of 2025, reflecting optimism regarding commercialization and the scarcity of scalable, ESG-aligned metal sources [5][9] Growth Catalysts - The global demand for electric vehicle (EV) metals is driving interest in TMC's seabed nodules, which are rich in nickel, cobalt, copper, and manganese [12] - The International Seabed Authority (ISA) is nearing the finalization of a mining code that could approve TMC's commercial license, facilitating production [12] - TMC claims that collecting seabed nodules results in up to 70% lower carbon emissions compared to terrestrial mining, providing both an ESG benefit and a cost advantage [12] - The company is pursuing long-term supply contracts with battery and EV manufacturers to ensure revenue visibility as production commences [12] - Recent capital raises and debt financing have extended TMC's cash runway, supporting enhancements to mining systems and processing capacity through 2026 [12] Market Position - TMC has evolved from a speculative penny stock into a high-stakes investment opportunity, with rapidly improving fundamentals [8][10] - If TMC successfully initiates production by 2026 and achieves projected revenues, the current stock price could be justified or seen as conservative in the long term [9][10]

Company Overview - The Metals Company has seen a significant stock increase of 490% over the past year, with a 437% rise since November 2024, as it aims to lead in deep-sea mining [1][2] - The company operates in the Clarion Clipperton Zone, focusing on mining precious minerals from the ocean floor [3] - It aims to extract polymetallic nodules containing nickel, copper, cobalt, and manganese, which are essential for various industries including energy and national defense [4] Regulatory and Market Position - The Metals Company has aligned with U.S. regulations under the Deep Seabed Hard Mineral Resources Act and NOAA, marking a significant de-risking event after over a decade of stagnation [5] - The Trump administration has shown support for deep-sea mining, with an executive order aimed at expediting permitting processes, positioning The Metals Company as a key player in the critical minerals supply chain [6] Financial Position and Projections - The company is currently pre-revenue and raised $37 million in May and $85.2 million from Korea Zinc in June to improve its capital position [9][10] - It projects to begin production in Q4 2027, expecting to generate approximately $600 per dry ton of nodules, with an EBITDA margin of around 43% [10][11] - Over the life of its projects, The Metals Company anticipates undiscounted revenue of approximately $369 billion and EBITDA exceeding $200 billion [11] Future Outlook - The Metals Company is positioned as a first mover in the deep-sea mineral collection industry, targeting a transition from exploration to commercial production by 2027 [12] - The potential for significant profitability exists, but success hinges on obtaining necessary permits and scaling operations effectively [13]