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-0.00118764845605698 -0.00118764845605698 0.00118764845605719 0.00356294536817116 -0.00118764845605698 0.00118764845605719 -0.0404750593824228 -0.0783847980997624
Stock impact report

TMC NOAA Bid Expands Deep Sea Mining Ambitions And Investor Questions [Yahoo! Finance]

TMC the metals company Inc. (TMC) 
Company Research Source: Yahoo! Finance
TMC The Metals Company (NasdaqGS:TMC) has filed a commercial deep sea mining application with NOAA for an expanded area in the Clarion Clipperton Zone. The filing follows more than a decade of scientific and environmental work and aligns with a newly consolidated US regulatory framework. At the same time, the US government has directed federal investment to competitor USA Rare Earth, limiting near term prospects for direct support to TMC. TMC The Metals Company focuses on collecting and processing seabed polymetallic nodules, targeting metals that are used in batteries and energy transition supply chains. The new NOAA application, tied to a broader project footprint in the Clarion Clipperton Zone, is a key regulatory step for the company as it seeks to move from exploration toward potential commercial activity under US oversight. For investors watching NasdaqGS:TMC, this development introduces both opportunity and complication. The expanded permit request highlights the scale Show less Read more
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