TMC Stock Recent News

The Metals Company (NASDAQ:TMC) has asked the Trump Administration for approval to mine the Pacific Ocean seabed for critical metals, bypassing a United Nations-backed process that governs international waters. According to Bloomberg, the firm, already licensed by the International Seabed Authority (ISA), is now seeking US backing via a pre-application with the National Oceanic and Atmospheric Administration.

TMC the metals company Inc. (NASDAQ:TMC ) Q4 2024 Results Conference Call March 27, 2025 4:30 PM ET Company Participants Craig Shesky - Chief Financial Officer Gerard Barron - Chairman & Chief Executive Officer Conference Call Participants Matthew O'Keefe - Cantor Fitzgerald Jake Sekelsky - Alliance Global Partners Dmitry Silversteyn - Water Tower Research Operator Good day, and thank you for standing by. Welcome to The Metals Company Fourth Quarter 2024 Corporate Update Conference Call.

NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today provided a corporate update and fourth quarter and full year financial results for the period ended December 31, 2024.

NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today announced that its subsidiary The Metals Company USA LLC (“TMC USA”) has formally initiated a process with NOAA under the U.S. Department of Commerce to apply for exploration licenses and commercial recovery permits under existing U.S. legislation, the Deep Seabed Hard Mineral Resources Act of 1980 (DSHMRA).

NEW YORK, March 21, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today announced that it will host a conference call on Thursday, March 27, 2025, to provide an update on fourth quarter and full year 2024 financial results and recent corporate developments.

LAFAYETTE, Ind., March 10, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, will showcase how its bold transformation in recent years is reshaping what fleets can expect from an OEM partner at TMC 2025, March 10–13 in Nashville. This year's exhibit highlights how Wabash is helping customers tackle today's most pressing operational challenges—merging physical and digital technologies with services and solutions that drive efficiency, flexibility and stronger business outcomes.

NEW YORK, Feb. 18, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world's largest undeveloped resource of critical battery metals, today announced that it had successfully produced a high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign, run as part of the 18-month feasibility program designed to process a 2,000-tonne sample of deep-seafloor polymetallic nodules at its partner PAMCO's Rotary Kiln Electric-Arc Furnace (RKEF) operating facility in Hachinohe, Japan.

The Metals Company's stock surged 93% recently due to optimism about potential commercial operations under the new US administration, despite a deteriorating financial position. The new US administration's support for deep-sea mining could enable TMC to start scaling commercially, but the company urgently needs cash. TMC's financials show a significant decline, with a sharp increase in short-term payables and a reduction in cash burn from operations.

NEW YORK, NY / ACCESSWIRE / January 10, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against TMC the metals company Inc. ("TMC" or the "Company") (NASDAQ:TMC) and certain officers. The class action, filed in the United States District Court for the Central District Of California, and docketed under 24-cv-09684 is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired TMC securities between May 12, 2023 and March 25, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

NEW YORK , Jan. 8, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against TMC the metals company Inc.  ("TMC" or the "Company") (NASDAQ: TMC) and certain officers.  The class action, filed in the United States District Court for the Central District Of California, and docketed under 24-cv-09684 is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired TMC securities between May 12, 2023 and March 25, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.