Polymetallic sulphides
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Why The Metals Company Stock Soared 18.8% in September
Yahoo Financeยท 2025-10-06 09:29
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]