Happy metal worker greeting his manager in aluminum mill.gettyCurrently priced at $5.42, TMC The Metals Company (NASDAQ: TMC) is trading for less than half of its 52-week high of $11.35, highlighting the volatility of this stock's narrative — and how tenuous that narrative can be.TMC is not a conventional mining company. It specializes in deep-sea exploration aimed at extracting polymetallic nodules from the Clarion-Clipperton Zone (CCZ) located in the Pacific Ocean. These nodules are abundant in nickel, co ...

TMC the metals company Inc. (NASDAQ:TMC) shares are trending on Wednesday.Check out the current price of TMC stock here.TMC shares rose 7.38% to $5.82 in after-hours trading on Tuesday.Strong Liquidity Fuels Investor ConfidenceLast week, TMC said in a press release that it has $165 million in total liquidity, including $121 million in cash after warrant exercises and unused credit lines following the quarter's end.CEO Gerard Barron stated the company has "no need to come to the public markets anytime soon." ...

Key Points The Metals Company is a deep-sea mining startup that aims to extract polymetallic nodules from the Pacific Ocean. It doesn't have regulatory approval to mine nodules commercially, but a short-cut from the White House may help it get a commercial license. The company is pre-revenue and posting significant losses. 10 stocks we like better than TMC The Metals Company › At the bottom of the Pacific Ocean, in a region between Mexico and Hawaii, lie billions and billions of tons of polymetal ...

Core Insights - Odyssey Marine Exploration is focused on building a diverse portfolio to meet the multi-year demand for critical minerals, including phosphate and polymetallic nodules, aimed at enhancing supply chains for battery materials, agriculture, and manufacturing [2][5] Recent Milestones - A Mexican court annulled previous cancellations of concessions, restoring their legal validity, which will be assigned to PHOSAGMEX, a joint venture focused on North American fertilizer supply [5] - Odyssey submitted an unsolicited request for a lease sale to the Bureau of Ocean Energy Management for a Mid-Atlantic area rich in phosphate, titanium, zirconium, and rare earth elements, aligning with U.S. resource-security priorities [5] - Two Autonomous Benthic Mini Landers were deployed in the Cook Islands to collect geophysical and environmental data at depths of 5,000 meters, showcasing the company's technical leadership in deep-ocean resource exploration [5] - The company simplified its balance sheet by converting $20 million of debt into common stock, enhancing liquidity [5] - Odyssey joined the National Ocean Industries Association, expanding its platform for collaboration and responsible development in the offshore economy [5] Strategic Developments - The U.S. Government's recognition of phosphate as a critical mineral strengthens Odyssey's strategic phosphate projects and advances resource security [10] - The company is advancing critical-mineral resource development through its lease sale request to the U.S. Department of the Interior [11] - Successful deployment of Autonomous Benthic Mini Landers marks a significant milestone in deep-sea exploration and data collection [12]

Core Insights - The Metals Company (TMC) has seen significant stock volatility, with a 36.1% decline following a 50% increase earlier in October, despite being up over 500% year-to-date [1][9] - The company focuses on extracting and refining polymetallic nodules from the Pacific Ocean seafloor, which are rich in manganese, cobalt, nickel, and copper, essential for electric vehicle batteries [2][3][4] - TMC has not yet commenced commercial operations and lacks the necessary permits for collection and processing, making it a highly speculative investment [5][6] Company Overview - The Metals Company is engaged in the collection and processing of metals from the seafloor, specifically targeting polymetallic nodules found in the Clarion-Clipperton Zone (CCZ) [2][4] - The CCZ is located in international waters and is regulated by the International Seabed Authority (ISA), where TMC holds exploration contracts but no collection contracts [6] Market Context - The recent surge in TMC's stock was influenced by China's tightening of export controls on critical metals, raising concerns about global supply chain disruptions [8][9] - The U.S. and other economies view copper, cobalt, nickel, and manganese as critical metals, with China being a major producer [7] Future Prospects - There is potential for increased regulatory sympathy towards new sources of critical metals due to geopolitical tensions, particularly with China [10] - TMC faces significant operational challenges, including a lack of excavation equipment and processing facilities, with commercial production not expected until Q4 2027 and full-scale operations by 2043 [11] - Short-term stock recovery appears unlikely unless there is a significant disruption in the supply of metals TMC plans to mine [12]

Core Insights - The Metals Company shares experienced a significant rebound in September, rising 18.8% after declines of 10% and 9.8% in July and August respectively [1][3] - The rise in stock price is attributed to investor speculation rather than any direct company announcements, with expectations of positive developments in the near future [3] Speculative Factors - A key factor driving investor interest is India's recent 15-year agreement with the International Seabed Authority (ISA) for exclusive rights to explore polymetallic sulphides in the Indian Ocean, which parallels The Metals Company's ambitions in the Pacific [4][5] - There is speculation that ISA may be becoming more favorable towards deep-sea mining, potentially paving the way for The Metals Company to commence operations [5] - Additionally, the Trump administration's interest in Lithium Americas, including discussions of an equity investment, has led investors to speculate that The Metals Company could be next in line for a partnership, similar to MP Materials [6][7] Stock Performance - The Metals Company stock surged nearly 19% in September, contributing to an impressive 560% increase since the beginning of 2025 [8]

Summary of Odyssey Marine Exploration Conference Call Company Overview - **Company**: Odyssey Marine Exploration Inc. (NASDAQ: OMEX) - **Industry**: Seafloor critical minerals exploration, focusing on polymetallic nodules for battery metals and subsea phosphate deposits for fertilizers [1] Core Insights and Arguments - **Macro Environment**: The macro environment for seafloor minerals is highly favorable, with significant government support for acquiring critical minerals [2] - **Government Investment**: The U.S. Department of Defense has invested $400 million in MP Materials, highlighting government backing through price guarantees and offtake agreements, which facilitate capital raising [2] - **Funding Allocation**: Estimates suggest that between $1 billion and $5 billion is being allocated by the U.S. for critical minerals acquisition, positioning Odyssey to capitalize on this opportunity [3] - **Unique Investment Opportunity**: Odyssey is one of the only publicly traded companies in the U.S. focused on seafloor minerals, providing a unique investment avenue for investors [3] - **Experience and Team**: The company boasts 30 years of deep ocean exploration experience and a team with an average tenure of over 15 years, enhancing its operational capabilities [4] - **Proprietary Tools**: Odyssey has developed proprietary tools to analyze and predict mineral opportunities, having assessed over 120 exclusive economic zones [4] - **Diversified Portfolio**: The company has a diverse portfolio of projects across different minerals and jurisdictions, mitigating commodity and geopolitical risks [5] - **Multiple Catalysts**: Odyssey's strategy involves multiple projects that can generate various catalysts for shareholder value, reducing dependency on a single outcome [5] Financial Position - **Debt Conversion**: Approximately $2.4 million of debt has converted into equity, with a total of $12 million (about 60% of original debt) converted year-to-date, strengthening the company's financial position [6] - **Funding Outlook**: Odyssey is funded into 2026, allowing for continued investment in various projects [7] Project Highlights - **Cook Islands Investments**: Odyssey has established relationships with the Cook Islands government and is involved with two of the three license holders, utilizing advanced tools for exploration [7] - **Environmental Data Collection**: The deployment of autonomous benthic mini landers (ABMLs) is crucial for gathering environmental data, a necessary step for transitioning from exploration to extraction [8] - **U.S.-Cook Islands Partnership**: A cooperation agreement between the U.S. and Cook Islands governments is in place, enhancing exploration efforts and benefiting Odyssey's investments [9] Project Valuations - **FOSACMEX Project**: Odyssey owns 35% of the Mexican phosphate project, valued conservatively at $1.3 billion [9] - **Cook Islands Valuations**: - OML project has a net present value (NPV) of $4.7 billion based on independent evaluations [10] - CIC project, adjacent to OML, is also valued at $4.7 billion, with Odyssey holding 7% of OML and 14% of CIC [10] - **Potential Value Range**: The combined potential value from these projects ranges from $700 million to $1.4 billion, with any project moving to production significantly impacting the current market cap [11] Near-Term Progress Indicators - **FOSACMEX Update**: Progress is being made in recovering mining concessions, with expectations for announcements soon [12] - **Cook Islands Developments**: The partnership with the U.S. government is driving advancements in exploration projects [12] Conclusion - The deep-sea mineral extraction sector is gaining strong governmental and investor support, positioning Odyssey Marine Exploration favorably for future growth and investment opportunities [14]

Company Overview - TMC the metals company is a Canada-based pre-revenue mining company focused on deep-sea collection of polymetallic nodules containing high levels of nickel, manganese, copper, and cobalt [1] Investment Focus - The company aims to capitalize on the growing demand for metals used in technology and renewable energy sectors, positioning itself as a key player in the mining industry [1] Market Position - TMC operates through its subsidiary, The Metals Company USA LLC, indicating a strategic presence in the U.S. market [1] Investor Profile - The company attracts long-term investors focused on growth markets, particularly in sectors like AI, biotech, and mining, suggesting a diverse investment strategy [1] Growth Potential - TMC is identified as an undervalued stock with significant growth potential, particularly in the semiconductor and mining spaces, appealing to aggressive investors [1]

Company Overview - TMC the metals company is a Canada-based pre-revenue mining company focused on deep-sea collection of polymetallic nodules containing high levels of nickel, manganese, copper, and cobalt [1] Investment Focus - The company aims to capitalize on growth markets, particularly in sectors such as AI, biotech, mining, and shipping, while seeking undervalued stocks with significant potential [1] Market Position - TMC operates through its subsidiary, The Metals Company USA LLC, and is positioned to benefit from the increasing demand for metals essential for technology and renewable energy [1]

Group 1: Mining Industry Overview - Mining stocks are typically cyclical and not usually associated with consistent growth, but the demand for metals, especially rare-earth metals, is increasing due to technological advancements [1][2] - The U.S. is focusing on building a domestic rare earth supply chain, which has been largely dominated by Chinese companies [4][5] Group 2: MP Materials - MP Materials operates the only active rare-earth metal mining and processing facility in the U.S. at the Mountain Pass site in California, which is crucial for the domestic supply chain [4][6] - The company specializes in neodymium-praseodymium (NdPr), essential for EV motors, wind turbines, electronics, and defense systems [5] - MP is scaling up its processing capacity and aims to control the entire operational chain from mining to magnet production on U.S. soil [6] - Recent partnerships include a $500 million long-term supply agreement with Apple and a $400 million preferred stock deal with the U.S. Department of Defense, establishing a price floor for NdPr oxide [7] - The stock has seen significant growth, up over 340% year-to-date and about 460% year-over-year, although the company reported an adjusted EPS loss of $0.13 [8][9] Group 3: The Metals Company - The Metals Company is pursuing deep-sea mining of polymetallic nodules, which are rich in nickel, cobalt, copper, and manganese [10][11] - The company is currently pre-revenue and faces regulatory challenges as the International Seabed Authority has not finalized rules for commercial deep-sea mining [12] - TMC has about $116 million in cash but is burning approximately $20 million quarterly, giving it a runway of five to six quarters before needing additional capital [13] - Despite a recent sell-off, TMC has a market cap of $2 billion, which could be justified if it successfully begins harvesting its mineral reserves [14]