TMC the metals company Inc.
TMC Provides Second Quarter 2026 Corporate Update
TMC the metals company Inc. provided a corporate update for Q2 2026, reporting a net loss of $60.1 million. The company announced significant progress in its U.S. permitting applications with NOAA, including certification for its USA-B exploration license and full compliance for its USA-A application. Additionally, TMC detailed strategic partnerships for nodule collection and onshore processing, and noted a favorable ITLOS ruling and a five-year extension for NORI's exploration contract in the Clarion-Clipperton Zone.