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Stock impact report

Why TMC the metals company Stock Just Popped [Yahoo! Finance]

TMC the metals company Inc. (TMC) 
Company Research Source: Yahoo! Finance
TMC has received prior unconsolidated approvals, and recovered 3,000 tons of minerals from the ocean. 10 stocks we like better than TMC The Metals Company › TMC the metals company (NASDAQ: TMC) -- that's not a description, that's its actual name -- stock surged 13.7% through 11:40 A.M. ET Thursday, and it's not hard to figure out why. This morning, TMC subsidiary TMC USA filed the country's first-ever "consolidated exploration license and commercial recovery permit application submitted under NOAA's new consolidated application and review process," requesting permission to begin exploring for minerals on the seabed. For those not in the "know" (heh), NOAA is the National Oceanic and Atmospheric Administration, an agency under the Department of Commerce. Primarily concerned with monitoring things like weather and global warming, NOAA also has responsibility for managing fishing and other marine resources. The present consolidated application "covers areas previously applied Show less Read more
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